Kenya's economy grew 5.6% in 2023, led by 19% agriculture expansion and 2.7% manufacturing job growth.
Kenya's economy grew 5.6% in 2023, led by a 19% expansion in agriculture, per the Government's Economic Survey Report for 2024. The manufacturing sector saw a 2.7% growth in jobs to 363,200. Inflation and foreign direct investment increased, but the National Treasury and Planning expresses concerns about protecting the recovery. The report also highlights a widening inequality gap between rich and poor countries.
May 20, 2024
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