×
App Icon
The Standard e-Paper
Kenya’s Boldest Voice
★★★★ - on Play Store
Download App

Kenya’s growing appetite for imports widen trade deficit

Devolution and Planning Cabinet secretary Ann Waiguru (right) and Kenya National Bureau of Statistics (KNBS) Chairman Terry Ryan during the launch of 2015 economic survey at KICC.  Photo: Beverlyne Musili/Standard)

Kenya's trade deficit continues to widen owing to a large import bill dampening the prospect of East Africa's largest economy sustaining its current growth streak.

This comes even as economists warn that the country's reliance on exports is exposing the economy to shocks and should be addressed.

Get Full Access for Ksh299/Week.
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in