Debt, poll seen as major shocks to economic revival

Rising external debt repayments and a bruising presidential poll pose the biggest threat to Kenya’s economic recovery from the pandemic shocks next year following the lifting of the 18-month nationwide curfew.

Global economists see economic activity expanding 5.5 percent in 2022, a largely flat growth rate compared with a 5.34 percent consensus outlook for this year — a rebound from 0.31 percent pandemic-induced contraction in 2020.