Kenya’s score on the Absa Financial Markets Index Pillar five dropped to its lowest in 2021 since its launch in 2017, reflecting a decline in the country’s economic fundamentals.
The index assesses underlying macroeconomic opportunity through three key areas: economic performance (GDP growth, export competitiveness and living standards), financial risks (overall debt levels and strength of bank balance sheets), and macro transparency (monetary policy committee communication, budget communication and data standards).
