Kenya’s Economy Grew 5pc Annually Between 2022 and 2025, Treasury PS Says
Originally published by News – Capital FM — Read the original article →
NAIROBI, Kenya, Nov 4 – Kenya’s economy expanded by an average of 5 per cent annually between 2022 and 2025, outperforming both the global growth average and Sub-Saharan Africa, Principal Secretary for the National Treasury Chris Kiptoo has said.
Kiptoo attributed the performance to improving economic conditions, rising government revenue and increased investor confidence, citing figures presented during the launch of the 34th World Bank Kenya Economic Update in Nairobi on Wednesday.
He said Kenya’s average annual growth of 5 per cent during the three-year period surpassed the global average of 3.5 per cent and Sub-Saharan Africa’s 4.1 per cent.
