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August 11, 2026
4h ago

Treasury Revises 2027 Economic Growth, Issues Warning on Shilling and Fuel Prices

Treasury Revises 2027 Economic Growth, Issues Warning on Shilling and Fuel Prices

This comes at a time when KAM and the Federation of Kenyan Employers have raised concerns over taxation and jobs as the country moves into 2027...

✨ Key Highlights

Kenya's economy is projected to grow by 5.1% in 2027, according to a forecast by the National Treasury. This optimistic outlook anticipates a recovery driven by easing external pressures and normalized global supply chains, despite ongoing concerns over fuel prices and currency stability.

  • The National Treasury forecasts economic growth of 5.1% in 2027.
  • The forecast is provided by the National Treasury in their 2026 Budget Review and Outlook Paper (BROP).
  • Potential risks include prolonged geopolitical tensions, higher international oil prices, and adverse weather conditions, which could impact the projected recovery.

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