Kenya’s Economy to ‘Decline Significantly’ in 2020 Due to Coronavirus – Central Bank

The coronavirus outbreak could impact negatively the Kenyan economy this year according to the Central Bank. Central Bank of Kenya (CBK) on Monday said as a result of the pandemic, economic growth is expected to decline significantly in 2020, from a baseline estimate of 6.2 percent to possibly 3.4 percent. The Monetary Policy Committee (MPC)  … Continue reading Kenya’s Economy to ‘Decline Significantly’ in 2020 Due to Coronavirus – Central Bank