World Bank cuts Kenya 2026 growth forecast to 4.3pc

The lender now projects Kenya's Gross Domestic Product to grow by 4.3 percent in 2026, down by 0.6 percentage points from its pre-conflict forecast issued in late 2025...

✨ Key Highlights

The World Bank has revised Kenya's economic growth forecast downward for 2026, citing external shocks including the escalating conflict in the Middle East.

The lender now projects Kenya's Gross Domestic Product (GDP) to grow by 4.3 percent in 2026, a 0.6 percentage point reduction from its previous forecast.
This downgrade is attributed to rising energy costs, trade disruptions, and weakened private investment due to geopolitical tensions.
Despite the revised outlook, the World Bank noted that Kenya's macroeconomic fundamentals remain relatively resilient compared to regional peers.

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article

Related News

business4w ago

Govt cuts 2026 economic growth forecast to 5pc

The Kenyan government has lowered its 2026 economic growth forecast to 5 percent, down from 5.3 percent, due to the impact of the Middle East conflict on global energy markets and rising fuel costs.

Capital Business

📰 Read Full Story

top3w ago

World Bank Sets Timeline for Unlocking Ksh96.9B Loan to Kenya

The World Bank is set to disburse Ksh96.9 billion to Kenya by June 30, following the country's successful implementation of key policy reforms. This significant loan, initially delayed, will now bolster the National Treasury's operations.

Kenyans

📰 Read Full Story

Video

World Cup 2026 Group D - Who Has the Best Chance to Advance

The Star (Youtube)

4w ago

top1w ago

Kenya to Get New Supreme Court in Ksh 26B World Bank-Funded Project

The Kenyan Cabinet has approved a significant Ksh 26 billion project to construct a new Supreme Court complex and modernise the country's judicial infrastructure.

Kenyans

📰 Read Full Story