Kenya’s economy to grow fastest in Africa in 2021 - World Bank

[Sherlock]

The World Bank predicts that Kenya’s economy will expand by 6.9% in 2021, the fastest growth rate in Africa, and a more ambitious prediction than the government’s estimate of 6.4% economic growth in 2021. Continued support from the international lender in terms of public health interventions and support to the private sector are likely to spur strong economic growth in the country.

Kenya, like most other sub-Saharan countries, has been hard hit by the covid19 pandemic. The World Bank estimates that Kenya’s GDP contracted by 1% in the past year. Nonetheless, the bank expects economic activity to rise in the current year driven by World Bank’s support to businesses and the poor and vulnerable.

According to the World Bank other East Africa nations such as Rwanda, Tanzania, and Uganda, will expand by 5.7%, 5.5%, and 2.8% respectively in 2021. Major economies like Nigeria and South Africa are set to grow by 1.1% and 3.3% respectively in the period under review.

The US-based lender forecasts that the global economy will expand by 4% in 2021 after a 4.3% economic contraction in 2020.

World Bank Group President David Malpass says that even with the positive outlook, most economies face formidable challenges including debt management, public health challenges, and other structural reforms as they move toward economic recovery in 2021.

READ:

Kenya's Economy to Grow Fastest in Africa in 2021 -World Bank - Kenyan Wallstreet

The World Bank predicts that Kenya's economy will expand by 6.9% in 2021, the fastest growth rate in Africa, and a more ambitious prediction than the

kenyanwallstreet.com

 

[MK254]

Hii naiamini maana tumedhihirisha sisi ni watu wa kujituma.

 

[cordoba]

Kenya mko juu kama nikweli pamoja na effect ya corona bado mkuu vizur # while sisi Watanganyika hatuna corona na uchumi unashuka kila siku GDP yetu ni US$65 miaka nenda rudi.

 

[MK254]

Kenya mko juu kama nikweli pamoja na effect ya corona bado mkuu vizur # while sisi wadanganyiks hatuna corona na uchumi unashuka kila siku GDP yetu ni US$65 miaka nenda rudi

Siri ni kuwekeza kwenye raslimali ya nguvu kazi, ukiwa na aina hii ya raslimali taifa lako linanawiri tu hata yakitokea majanga ya aina gani.

 

[Jidu La Mabambasi]

Takwimu za World Bank hivi karibuni, zinaeleza kuwa Kenya mwaka 2021 itakuwa the fastest growing country with a GDP ya 6.9%.
Tanzania wakati huo huo inategemewa kuwa na GDP ya 5.5%.

Ripoti hiyo imeleza kuwa mchango wa sekta kama za Usafiri na Usafirishaji, Vanda na Kilimo ndio vitachangia sana hasa baada ya sakata la Covid-19 kupungua.

Sasa mimi najiuliza, hawa wenzetu watatupita wapi, ilhali wao walijifungia wakati wa makali ya covid,
Sisi tulikuwa tunapeta tu.

Kenya watatupita kwa lipi?

Kenya to be fastest growing SSA economy in 2021 - World Bank​

by VICTOR AMADALA

6 hrs ago

Kenya's economy is expected to rebound relatively quickly in 2021, lifting real Gross Domestic Product (GDP) by 6.9 per cent, the highest in Sub Saharan Africa, the World Bank has reaffirmed.

The growth, according to the global lender, will be boosted by the resumption of activities in the education sector, giving warmth to beneficial sectors like transport, manufacturing and agriculture whose growth was equally muted by the effects of Covid-19.

© Getty FILE - South side headquarters for the World Bank in Washington, DC, USA.Rwanda's economy is expected to rebound to 5.7 per cent this year from negative 0.2 per cent , becoming the second-fastest growing economy in SSA followed by Tanzania and Ivory Coast with are expected to rebound to 5.5 per cent.

The two economies, however, defied the virus to record positive growths in 2020. Tanzania did not impose strict Covid-19 measures, allowing local business activities to run as other countries shutdown.

 

[mwanawao]

Manyang'au wamehonga ili ionekane uchumi wao una kasi ya ukuaji!!

Usiwaamini nyang'auzi🤣🤣

 

[Destruction]

Kenya wana impact za covid 19. yaani ndio wana rekava 2021 sisi mwendo ule ule mpera mpera alafu watupite kheee
Wewe hio taarifa umetoa wapi?

Hio ni ya tanzania ya Keny iko wap?

 

[gambagumu]

Simple logical wana rebound kwa sababu walikua na lockdown kuna activities ambazo zilikua za mwaka jana watazifanya mwaka huu sambamba na activities za mwaka huu, sisi hatukua na lockdown.

 

[Tindo]

simple logical wana rebound kwa sababu walikua na lockdown kuna activities ambazo zilikua za mwaka jana watazifanya mwaka huu sambamba na activities za mwaka huu .. sisi hatukua na lockdown

Kwani walipokuwa kwenye lockdown tuliwapita kwa kiasi gani?

 

[Hismastersvoice]

The World Bank predicts that Kenya’s economy will expand by 6.9% in 2021, the fastest growth rate in Africa, and a more ambitious prediction than the government’s estimate of 6.4% economic growth in 2021. Continued support from the international lender in terms of public health interventions and support to the private sector are likely to spur strong economic growth in the country.

Kenya, like most other sub-Saharan countries, has been hard hit by the covid19 pandemic. The World Bank estimates that Kenya’s GDP contracted by 1% in the past year. Nonetheless, the bank expects economic activity to rise in the current year driven by World Bank’s support to businesses and the poor and vulnerable.

According to the World Bank other East Africa nations such as Rwanda, Tanzania, and Uganda, will expand by 5.7%, 5.5%, and 2.8% respectively in 2021. Major economies like Nigeria and South Africa are set to grow by 1.1% and 3.3% respectively in the period under review.

The US-based lender forecasts that the global economy will expand by 4% in 2021 after a 4.3% economic contraction in 2020.

World Bank Group President David Malpass says that even with the positive outlook, most economies face formidable challenges including debt management, public health challenges, and other structural reforms as they move toward economic recovery in 2021.

READ:

Kenya's Economy to Grow Fastest in Africa in 2021 -World Bank - Kenyan Wallstreet

The World Bank predicts that Kenya's economy will expand by 6.9% in 2021, the fastest growth rate in Africa, and a more ambitious prediction than the

kenyanwallstreet.com

Lini tuliwapita?

 

[Drone Camera]

Controversial...

 

[Slowly]

Lini tushawahi kuwazid wakenya tangu tupate Uhuru?

 

[RMC]

Kenya mko juu kama nikweli pamoja na effect ya corona bado mkuu vizur # while sisi Watanganyika hatuna corona na uchumi unashuka kila siku GDP yetu ni US$65 miaka nenda rudi.

Zungumza kwa data hicho unachosema uchumi unashuka kila siku!

 

[eliakeem]

Kenya mko juu kama nikweli pamoja na effect ya corona bado mkuu vizur # while sisi Watanganyika hatuna corona na uchumi unashuka kila siku GDP yetu ni US$65 miaka nenda rudi.

Hicho unachozungumza ni hisia tu. Ebu lete kwanza evidence ya hizo hisia zako.

 

[Tony254]

Manyang'au wamehonga ili ionekane uchumi wao una kasi ya ukuaji!!

Usiwaamini nyang'auzi🤣🤣

Punguza bangi kijana

 

[Kobello]

Thamani ya hela yao imeshuka by 10%

Thamani ya Gdp nayo itashuka.

 

[Tony254]

Lini tuliwapita?

Lini tushawahi kuwazid wakenya tangu tupate Uhuru?

Hahaha
Geza Ulole joto la jiwe
Hizi comments zinanichekesha. Njooni muone Wabongo wenzenu wanavyokiri kuwa Tanzania haijawahi kuishinda Kenya kiuchumi.

 

[MK254]

Hahaha
Geza Ulole joto la jiwe
Hizi comments zinanichekesha. Njooni muone Wabongo wenzenu wanavyokiri kuwa Tanzania haijawahi kuishinda Kenya kiuchumi.

Wako sahihi, kwani lini waliwahi kutushinda kiuchumi, aisei uchumi wetu unakaribia kuwa mara mbili yao, sema labda kwenye ukuaji wao enzi za Kikwete walikua kwa kasi sana, sijui nini kilishindikana kwenye hii awamu ya tano mpaka tumewashinda hadi ukuaji.

Kawaida siku zote ukuaji wa maskini huwa kwa kasi ya juu, maana kwamba yeye akikua kwa asilimia 10% ni mithili ya tajiri anayekua kwa asilimia 2%

Sasa hawa wenzetu sijui ni gubu au vipi, maana wenyewe ni maskini tayari halafu ukuaji wao umepungua, halafu kikubwa hawashauriki na wao hujitamba kwamba ukiwashauri ndio umeharibu.

 

[pingli-nywee]

Ndio maana huwa nawashangaa baadhi ya hawa majirani zetu ukanda huu wanaojaribu kujifananisha na Kenya. Yaani hapa World Bank wanazungumza kuhusu nchi ya Kenya kuongoza kwenye kasi ya ukuaji wa uchumi barani Afrika. Alafu utawasikia wakijimwambafy huku wamebana pua wakisema eti sijui wao ni dona kantrii.

 

[Justinr]

Kenya mko juu kama nikweli pamoja na effect ya corona bado mkuu vizur # while sisi Watanganyika hatuna corona na uchumi unashuka kila siku GDP yetu ni US$65 miaka nenda rudi.

Kitu unajua ni hisia. Sio mbaya ukazifungia mana hakuna mtu mwenye shida nazo.