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Two Totally Different Messages Emerge on the Same Day Over the Health of the Kenyan Economy

Yasuyoshi CHIBA / AFP

Kenya’s Treasury Cabinet Secretary Ukur Yatani provided parliament with an upbeat forecast of the country’s economic recovery in the post-pandemic era. Yatani reaffirmed on Wednesday his earlier projection that economic growth would remain at a healthy 6% next year and the country’s ballooning fiscal deficit would be tamed.

The Treasury head told lawmakers that the fiscal deficit for 2022/2023 that begins next July would fall to 5.7% of GDP from 7.4% this year.

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