Policy Monitor, Issue 10 No. 3, January-March 2019 on Transformation of Lives Since Inception of Devolution

Abstract

This edition highlights Kenya's economic performance with updated medium-term projections for economic growth. given the sustained macroeconomic stability, improved business and investor confidence, continued public infrastructure investment and a robust private sector, the economy experienced steady growth and is projected to grow by 6.2% and 2.4% in 2019 and 2020 respectively. other factors that will enhance economic growth include favorable weather conditions, enhancement of revenue collection at both government levels, rationalization of public expenditure, continued growth of private sector credit, maintaining inflation within governments target range and ensuring that the public debt remains at tolerable levels.