Kenya rebased its economy last week, which in layman’s language means recalculating the Gross Domestic Product (GDP) — the total value of goods produced and services provided in a country in one year. The recalculation saw Kenya’s GDP expand by more than a quarter, ranking the country among the top ten largest economies in Africa.
To ordinary Kenyans, this should translate to increased school enrollment, better housing and healthcare and access to clean water and food security. But this will not be the case. The World Bank says even as Kenya becomes a middle income country, an estimated four in ten Kenyans are living below the poverty line. To most Kenyans, not much difference will be noted other than the feel-good effect.