May
06
2020
0
COVID-19 DAMPENS KENYA'S ECONOMIC OUTLOOK AS GOVERNMENT SCALES UP SAFETY NET MEASURES
Kenya’s gross domestic product (GDP) is projected to decelerate substantially in 2020 due to the negative impact of the COVID-19 (coronavirus) pandemic. Economic growth projection remains highly uncertain and the outcome will hinge on how the pandemic plays out internationally and within Kenya, along with policy actions taken to mitigate the situation.