×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

New GDP formula shifts Kenya to middle-income status in May

Treasury is at the forefront of efforts to review calculation of Kenya’s GDP.

By  MARK KAPCHANGA

The proposal to launch a new formula for calculating the market value of goods and services, known as gross domestic product, in Kenya may create an illusion that could see the country’s debt levels go up.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in