Great news for Africa (and Kenya in particular): After - TopicsExpress



          

Great news for Africa (and Kenya in particular): After reassessing its economic output, Kenya is now the fourth largest economy and has been elevated to a middle-class country. Face2Face Africa reports: Calculations on Kenyas GDP were previously based on data from 2001. However, the countrys economic output from 2013 came to 4.76 trillion shillings or $53.1 billion. rather than the 3.8 trillion shillings that was initially calculated, according to the Minister of Devolution and Planning Anne Waiguru. In addition, Kenya grew 5.7 percent last year as opposed to 4.7 percent. The two sectors that werent considered in previous economic data were communications and property. These sectors helped elevate Kenyas classification from a low-income country to middle-class. #gokenya #goafrica #africaontherise Read the rest here: https://face2faceafrica/article/kenya-economy
Posted on: Sun, 05 Oct 2014 21:00:00 +0000

Trending Topics



Recently Viewed Topics




© 2015