Business Daily | by Otiato Guguyu
The International Monetary Fund (IMF) and the Treasury have differed on whether Kenya’s economy contracted last year in the wake of Covid-19 pandemic.
IMF officials who concluded talks for budget support loan with Treasury officials on Monday predicted the Kenyan economy contracted by 0.1 per cent last year on the negative impact of the coronavirus pandemic lockdowns.
Separately, Treasury expects growth at 0.6 per cent on slight recovery at the end of the year following two consecutive quarters of contraction…
