Kenya Economic Update, October 2019 : Securing Future Growth - Policies to Support Kenya’s Digital Transformation

Kenya continues to experience steady economic growth, with real GDP expanding on average by about 5.6 percent over the last five years (2014-2018). In 2019, however, economic activity has softened primarily due to lower agricultural output and weak...

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Main Author:	World Bank Group
Format:	Report
Language:	English
Published:	World Bank, Nairobi 2019
Subjects:	DIGITAL ECONOMY SMALL AND MEDIUM ENTERPRISES ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS MONETARY POLICY REMITTANCES IMPORTS INVESTMENT CONSUMPTION
Online Access:	http://documents.worldbank.org/curated/en/968481572468094731/Kenya-Economic-Update-Securing-Future-Growth-Policies-to-Support-Kenya-s-Digital-Transformation http://hdl.handle.net/10986/32792

id	okr-10986-32792
recordtype	oai_dc
spelling	okr-10986-327922021-09-16T19:40:15Z Kenya Economic Update, October 2019 : Securing Future Growth - Policies to Support Kenya’s Digital Transformation World Bank Group DIGITAL ECONOMY SMALL AND MEDIUM ENTERPRISES ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS MONETARY POLICY REMITTANCES IMPORTS INVESTMENT CONSUMPTION Kenya continues to experience steady economic growth, with real GDP expanding on average by about 5.6 percent over the last five years (2014-2018). In 2019, however, economic activity has softened primarily due to lower agricultural output and weak private sector investment. As a result, the World Bank projects Kenya’s growth at 5.8 percent for 2019 and settling at around 5.9 percent over the medium term. The weakening of private investment partly reflects crowding out from widening fiscal deficits and relatedly limited access to credit by the private sector (growing by about 6.3 percent in August 2019). Against this backdrop, it is my great pleasure to present the twentieth edition of the World Bank’s Kenya Economic Update. 2019-12-05T21:45:59Z 2019-12-05T21:45:59Z 2019-10-30 Report http://documents.worldbank.org/curated/en/968481572468094731/Kenya-Economic-Update-Securing-Future-Growth-Policies-to-Support-Kenya-s-Digital-Transformation http://hdl.handle.net/10986/32792 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Nairobi Economic & Sector Work Economic & Sector Work :: Economic Updates and Modeling Africa Kenya
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	DIGITAL ECONOMY SMALL AND MEDIUM ENTERPRISES ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS MONETARY POLICY REMITTANCES IMPORTS INVESTMENT CONSUMPTION
spellingShingle	DIGITAL ECONOMY SMALL AND MEDIUM ENTERPRISES ECONOMIC GROWTH ECONOMIC OUTLOOK FISCAL TRENDS MONETARY POLICY REMITTANCES IMPORTS INVESTMENT CONSUMPTION World Bank Group Kenya Economic Update, October 2019 : Securing Future Growth - Policies to Support Kenya’s Digital Transformation
geographic_facet	Africa Kenya
description	Kenya continues to experience steady economic growth, with real GDP expanding on average by about 5.6 percent over the last five years (2014-2018). In 2019, however, economic activity has softened primarily due to lower agricultural output and weak private sector investment. As a result, the World Bank projects Kenya’s growth at 5.8 percent for 2019 and settling at around 5.9 percent over the medium term. The weakening of private investment partly reflects crowding out from widening fiscal deficits and relatedly limited access to credit by the private sector (growing by about 6.3 percent in August 2019). Against this backdrop, it is my great pleasure to present the twentieth edition of the World Bank’s Kenya Economic Update.
format	Report
author	World Bank Group
author_facet	World Bank Group
author_sort	World Bank Group
title	Kenya Economic Update, October 2019 : Securing Future Growth - Policies to Support Kenya’s Digital Transformation
title_short	Kenya Economic Update, October 2019 : Securing Future Growth - Policies to Support Kenya’s Digital Transformation
title_full	Kenya Economic Update, October 2019 : Securing Future Growth - Policies to Support Kenya’s Digital Transformation
title_fullStr	Kenya Economic Update, October 2019 : Securing Future Growth - Policies to Support Kenya’s Digital Transformation
title_full_unstemmed	Kenya Economic Update, October 2019 : Securing Future Growth - Policies to Support Kenya’s Digital Transformation
title_sort	kenya economic update, october 2019 : securing future growth - policies to support kenya’s digital transformation
publisher	World Bank, Nairobi
publishDate	2019
url	http://documents.worldbank.org/curated/en/968481572468094731/Kenya-Economic-Update-Securing-Future-Growth-Policies-to-Support-Kenya-s-Digital-Transformation http://hdl.handle.net/10986/32792
_version_	1764477306359775232

Kenya Economic Update, October 2019 : Securing Future Growth - Policies to Support Kenya’s Digital Transformation

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