World Bank Increases Kenya Growth Forecast to 4.9%

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World Bank Increases Kenya Growth Forecast to 4.9%
World Bank Increases Kenya Growth Forecast to 4.9%

Africa-Press – Zambia. World Bank Raises Kenya’s  Growth Outlook to 4.9% in 2025

Kenya’s economy is gearing up for a stronger rebound

After initially lowering the 2025 growth forecast to 4.5% due to high debt, tight interest rates, and slow private-sector lending, the World Bank now projects an average growth of 4.9% between 2025 and 2027.

One major engine of this growth? Construction, which is expected to contribute 6.29% to GDP by 2028, signalling rising infrastructure activity and investment confidence.

To keep momentum going, the World Bank is urging targeted tax reforms—including the removal of certain consumption-tax exemptions—to boost revenue, reduce debt pressures, and support more inclusive economic growth.

Kenya’s public debt currently stands at 65% of GDP, making reforms even more crucial.

Kenya’s economic journey continues—stronger, steadier, and full of potential.

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