Kenya’s inflation shows reduced impact on citizens in August
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According to the Bureau of Statistics, Kenya’s inflation showed signs of a slow decline in August. Inflation was at a whopping 6.7% year on year in August from 7.3% a month earlier. While the year-on-year inflation rate fell in July, the
Kenya gets $1 billion loan from World Bank
Today, the World Bank confirmed it approved a billion-dollar loan to Kenya. In particular, the funds are to “support its budget as East Africa’s economic powerhouse confronts high debts and a weakening currency.” To read more about the