T
Originally published by The Standard Business
📰 Read Full Article
July 13, 2026
2h ago

World Bank: Millions unable to afford Sh387 daily spent amid Joblessness

World Bank: Millions unable to afford Sh387 daily spent amid Joblessness

The World Bank warns that rising fuel costs, weak job creation and widespread informal employment could push up to 2.4 million more Kenyans into poverty in 2026...

✨ Key Highlights

Kenya faces a deepening poverty crisis as job shortages and rising fuel prices threaten to push millions below the poverty line, according to the World Bank.

  • An estimated 2.4 million more Kenyans could be unable to afford basic daily needs, struggling to spend at least Sh387 ($3) per day.
  • The World Bank projects the national poverty rate could rise by 2 to 4.5 percentage points in 2026.
  • Urban households are expected to be disproportionately affected due to their greater reliance on commercial transport and energy.

Continue Reading

Read the complete article from The Standard Business

📰 Read Full Article
Advertisement
Advertisement