Kenya’s economic growth is expected at 3% this year, half the 6.1% initially forecasted by authorities. The information was reported by the finance minister, Ukur Yatani (pictured).
Last year’s growth was 5.9%, down 6.5% in 2018. While the slowdown was due to bad weather conditions last year, this year, it is the result of the novel coronavirus pandemic which has affected the whole world.
According to the government member, the country’s economy will drop drastically to about 3% or even less. He said an accurate figure will be provided when the impact of the pandemic is assessed.
The new coronavirus has already affected more than 158 people in Kenya, and authorities have put in place travel restrictions to limit its propagation.
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