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Economic Update

Kenya: GDP grows to 6.8% in Q1 2022
According to the Quarterly GDP report released by the Kenya National Bureau of Statistics (KNBS) on 1st July 2022; the Kenyan economy grew by 6.8% the first quarter of the year compared to a 2.7% growth in a similar period of 2021. This was mainly supported by rebounds in most economic activities, which had contracted significantly in Q1’21 as a result of COVID19 control measures.

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