Home Business Economists cut Kenya’s growth outlook on poll jitters

Economists cut Kenya’s growth outlook on poll jitters

View of the skyline of Nairobi, Kenya with Uhuru Park in the foreground.
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Business Daily | by Constant Munda


Global economists have marginally cut Kenya’s growth outlook for 2022 largely on rising external debt costs and reduced investor confidence ahead of the August 9 General Elections.

A consensus outlook from 14 global banks, consultancies and think-tanks shows economic activities will likely expand 5.3 percent this year, a 10-basis point downgrade from 5.4 percent projection last month…

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