Kenya Overtakes Ghana, Tunisia as Size of Economy Climbs by 25%
Kenya’s economy overtook those of Tunisia and Ghana after the statistics agency overhauled its data to increase the size of gross domestic product by a quarter.
Kenya adds 25 pct to size of economy after rebasing - government
NAIROBI (Reuters) - Kenya's gross domestic product (GDP) was estimated to be 25 percent bigger after the authorities changed the base calculation year to 2009 from 2001, sending the east African nation into the top 10 of Africa's largest economies. Economic output was calculated to be 4.76 trillion shillings ($53.3 billion) in 2013 after rebasing, up from 3.8 trillion shillings ($42.6 billion ...
IMF Says Kenya Should Agree to New Loan Even as GDP to Climb
The International Monetary Fund said Kenya should agree on a new loan program to cushion against shocks even as the size of the economy is set to increase by a fifth.
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