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Kenya's economy shows promising 5.2% growth projections while battling 12.3% unemployment and 6.2% inflation. President Ruto's Bottom-Up Economic Transformation Agenda aims to address these challenges through inclusive growth strategies.
Kenya faces fiscal pressure with public debt at Ksh 10.6 trillion (70% of GDP) and a 2024/25 budget deficit projected at 3.3% of GDP. The government aims to boost revenue via digital taxation and integrating the informal sector. The service sector, contributing 55% of GDP, is vital but tax collection lags, increasing reliance on borrowing.
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