Kenya’s National Treasury has lowered its economic growth projection for 2026 to 5 percent, down from a previous estimate of 5.3 percent.
The adjustment reflects a more conservative outlook on the country’s economic trajectory, citing ongoing global uncertainties that continue to weigh on emerging market economies.
Despite the cut, officials maintain that the economy remains on a positive path, buoyed by easing inflationary pressures and a gradual increase in private sector investment.
The revision underscores the delicate balance policymakers face as they attempt to stimulate growth while managing fiscal constraints.
Structural reforms aimed at improving the business environment are expected to play a crucial role in sustaining momentum, even as external risks persist.
The government’s confidence in the 5 percent target suggests that domestic drivers are sufficiently robust to offset some of the headwinds from the global economy.