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THE STANDARD By
Dominic Omondi |
January 29th 2021 at 00:00:00 GMT +0300
Well-wishers distributing food donations for the vulnerable communities affected by the Covid-19 pandemic at Kuwinda slums, Karen, Nairobi. [Courtesy, Standard]
Kenya posted back-to-back negative growth in the second and third quarters. The latest data from the Kenya National Bureau of Statistics (KNBS) showed that the economy contracted by 1.1 per cent between July and September 2020.
This, however, was a slightly better performance than the previous quarter (April-June) when it shrunk by a revised 5.5 per cent. In the third quarter of 2019, the economy grew by 5.8 per cent.
The numbers have come months late, owing to coronavirus disruptions, according to KNBS.