Economic analysts warn over Kenya’s widening import bill

88 views · Published 7 September 2015 · 2:41 · Indexed 12 November 2026

Channel: KBC Channel 1 · 2015 · News & Politics

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Economic analysts have raised the red flag over Kenya’s widening import bill saying that it is adding more pressure to the troubled Kenya shilling. Figures released by the National Treasury indicate that the current account deficit increased by 22.7 percent to 623 billion shillings by May this year. Policy analyst Dr Walter Ongeti says the government needs to revamp the manufacturing, tourism and agriculture sectors to boost exports.
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