JUST IN: Mudavadi: Kenya’s Economy on the Rise as Inflation Drops to 3.5%
Kenya’s economic outlook is improving, with growth rising from 4.8% in 2022 to 5.2% in 2023, Prime Cabinet Secretary Musalia Mudavadi has announced. He noted that projections indicate even stronger growth in 2024, signaling a positive trajectory for the country’s economy. Mudavadi also highlighted a significant drop in inflation, which fell from 9.2% in September 2022 to 3.5% in February 2025. He said these figures reflect positive growth in Gross Domestic Product (GDP) indicators, easing financial pressure on households. “This has markedly reduced the cost of living and improved household incomes. Furthermore, the exchange rate has stabilized and interest rates
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