Treasury CS John Mbadi with (left) PS for the State Department for Economic Planning Dr Boniface Makokha and (right) PS for the State Department for National Government Coordination in the Office of the Prime Cabinet Secretary Ahmed Ibrahim. May 6, 2025. [Kanyiri Wahito, Standard]
Kenya's economic performance slowed down significantly last year as the country struggled to stay afloat amid global and domestic headwinds.
New data released by the government statistician indicates the country's gross domestic product (GDP) expanded by 4.7 per cent in 2024, a drop from the 5.7 per cent growth recorded in 2023.