Current account deficit narrows to 1.8pc of GDP

The Central Bank of Kenya in Nairobi.

Photo credit: File | Nation Media Group

Kenya’s current account deficit narrowed to 1.8 percent of Gross Domestic Product (GDP) in April from 2.2 percent at the same time last year, pointing to growing inflows from trade, payments and cross-border investments.

A current account tracks a country's money flowing in and out of its borders, including trade, investment income, and financial transfers—providing insights into a country's international trade performance and its overall economic standing.

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