Implications of the Economic Survey

Kenya’s top export earners last year included tea and, horticulture products. FILE PHOTO | NMG

Last week the Kenya National Bureau of Statistics (KNBS) released the Economic Survey 2018 providing data on the economy for 2017. There are several data sets that should be noted and inform economic strategy going forward.

Firstly, the economy is estimated to have expanded by 4.9 per cent in 2017 compared to a revised growth of 5.9 per cent in 2016; that is a reduction of one percentage point year-on-year.

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Note: The results are not exact but very close to the actual.