A current account deficit is occasioned by high spending on imports compared to export earnings.
Search Results: Diaspora remittance (137)
Kenya’s foreign exchange reserves rose $11 billion to touch a record high of $9,352 billion in the week ended Aug.…
Kenya reported on Monday its total number of coronavirus cases had hit 17,975 with President Uhuru Kenyatta raising concerns over…
Kenya’s economy is expected to contract in the second quarter, due to the adverse effects of the Covid-19 pandemic, the…
Ministries have returned over Kshs.101 billion to Treasury over the last financial year. These funds were earmarked for development purposes…