Kenya’s finance minister lowers 2020 economic growth projection

Kenya's Finance Minister Ukur Yatani
Kenya's Finance Minister Ukur Yatani

Kenya's economy is expected to grow by 0.6% this year, the finance minister said on Wednesday, lowering the Treasury's previous forecast of more than 2% growth due to a worse than expected outturn for the first half.

Growth is expected to rebound to 6.4% in 2021, Ukur Yatani told a meeting to start preparations for the government's budget for the next financial year.

Would you like to comment on this article or view other readers' comments? Register (it’s quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.