Kenya’s Economy Is Expected To Grow By 5.6% In 2023, Up From 5.5% In 2022

submitted by shazmeerjiwan on 10/23/23 1

The forecast that Kenya’s economy is expected to grow by 5.6% in 2023, up from 5.5% in 2022, is a positive sign for the country. It indicates that the economy is recovering from the COVID-19 pandemic and is on track to achieve its long-term growth potential. Another risk is the global economic slowdown. The slowdown could lead to a decline in demand for Kenyan exports.Overall, the outlook for the Kenyan economy in 2023 is positive. The economy is expected to grow by 5.6%, up from 5.5% in 2022. This growth will be driven by the services sector, household consumption, and the government’s Bottom-Up Economic Transformation Agenda. For more details kindly visit here shazmeerjiwan.co.ke/kenyas-economy-is-expected-to-grow-by-5-6-in-2023-up-from-5-5-in-2022/

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