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What Kenyans saved money for in 2016 and 2019

NAIROBI, KENYA: Majority of Kenyans are putting their hard-earned cash in safe places for big emergencies such as death, medical expenses, education, day-to-day household needs, and old age.

In a survey by Central Bank, Kenya National Bureau of Statistics and the FSD, buying land, house improvement, and personal reasons such as business expansion and buying new clothes are also reasons why people are saving their money.

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