Kenya’s moment of truth as Treasury reviews economy

A trader hawks his fresh farm produce in Nyeri town..Farm produce has employed thousands of youth in major town. [File, Standard]

The Kenya National Bureau of Statistics (KNBS) has released a reviewed size of the economy, a move that is likely to create legroom for the National Treasury to borrow more.

Technically known as rebasing, the exercise is meant to include new activities into the computation of the country’s Gross Domestic Product (GDP), size of the national cake, in a tumultuous economic environment in which the country ran out of space to chalk up more loans.