Kenya’s current account deficit declined to 4.9 per cent of the gross domestic product (GDP) in 2022, compared to 5.2…
Search Results: Diaspora remittance (129)
According to the regulator, goods exports have remained strong, growing by 13.9 per cent in the 12 months to September 2022 compared to a similar period in 2021.
https://khusoko.com/2022/09/13/william-ruto-sworn-in-as-5th-president-of-kenya/ “This is a momentous occasion for Kenya. Our politics and elections have never failed to be emotive, engaging and…
Kenya is in breach of East Africa’s FX reserve policy, where members are expected to have above 4.5 months of import cover at all times.
A current account deficit is occasioned by high spending on imports compared to export earnings.
Kenya’s foreign exchange reserves rose $11 billion to touch a record high of $9,352 billion in the week ended Aug.…