Economists paint grim picture of state of country’s economy
317 views · Published 4 December 2018 · 2:33 · Indexed 16 October 2026
Channel: NTV Kenya · 2018 · News & Politics
You should brace yourself for tougher economic times ahead due to lack of money in the economy. This is according to economists, who say that the living standards in the country may worsen as a result of some of the poor financial decisions made by the government such as over-borrowing, wastage and corruption. The warnings come as businesses and banks say their revenues are likely to shrink this year. Auctioneers, have also been knocking on the doors of loan defaulters.
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