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Economic Survey 2024 a mixed bag
Left to right: KNBS Chairman Stephen Wainaina, Cabinet Secretary of National Treasury Prof Njuguna Ndung'u and Economic Planning Principal Secretary James Muhati during the launch of KNBS 2024 Economic Survey Report at KICC, Nairobi on May 20, 2024.
The Kenya Economic Survey 2024 Report, released earlier this month, reveals a mixed performance that may be classified into three areas: growth, challenges, and prospects. One of the primary sectors suggested for economic growth is exports to the East African Community (EAC) bloc. Regional trade partnerships have the potential to boost intra-regional trade growth.
Diversifying export items and markets will help Kenya lessen its dependency on specific commodities and strengthen its export sector.
