World Bank Warns Kenyans of Tough Times Ahead, Predicts Sharp Poverty Rise
Amid the warning, the lender lowered its economic growth forecast for Kenya, projecting the economy will expand by 4.3 per cent in 2026, a drop from 2025's 4.5 per cent projection...
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The World Bank is warning of significant economic hardship in Kenya, projecting that up to 2.4 million more people could fall into poverty by the end of 2026.
- Up to 2.4 million additional Kenyans risk falling into poverty.
- The World Bank issued the warning.
- The Middle East conflict is intensifying inflationary pressures, raising food and fuel costs and disrupting transport.
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World Bank Warns Kenyans of Tough Times Ahead, Predicts Sharp Poverty Rise - July 2026
The World Bank is warning of significant economic hardship in Kenya, projecting that up to 2.4 million more people could fall into poverty by the end of 2026. The World Bank has also urged Kenya to implement significant anti-corruption reforms as a condition for its latest $750 billion lending package, which was delayed due to the government's slow progress on these measures. Meanwhile, the Kenya Revenue Authority announced it collected a record Ksh2.844 trillion in the 2025/2026 fiscal year, with the manufacturing sector being the largest contributor.
