World Bank projects Kenya's economy to slow amid huge public debt

Kenya's real GDP growth had accelerated last year to 5.6 per cent. [Wilberforce Okwiri, Standard]

Kenya's economic growth will slow to five per cent this year after a "robust" performance in 2023, the World Bank has said.

The East African powerhouse has been saddled by huge public debt, high inflation and the introduction of numerous new levies and tax hikes by President William Ruto's cash-strapped government.