Kenya Economic Update, April 2020 : Turbulent Times for Growth in Kenya -- Policy Options during the COVID-19 Pandemic

World Bank

World Bank, Washington, DC

关键词: ECONOMIC GROWTH;    ECONOMIC OUTLOOK;    FISCAL TRENDS;    PUBLIC DEBT;    FOOD SUPPLY CHAIN;   

RP-ID  :  148076

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The COVID-19 (coronavirus) globalpandemic will have a large negative impact on the Kenyaneconomy. Even before being affected by the novelcoronavirus, Kenya's economy had decelerated. The WorldBank estimates that GDP growth in 2019 was about 5.6percent, down from 6.3 percent in 2018. The COVID-19(coronavirus) shock is expected to further reduce growth in2020 with large impacts on services (transport, retailtrade, tourism, events, leisure, etc.), industry(manufacturing and construction), and agriculture. Thehealth system is facing an unprecedented challenge tocontain the spread of COVID-19 (coronavirus) and care forthe infected. In addition, measures taken to slow down therate of infection, including home confinement, travelrestrictions, the closure of schools and entertainmentspots, the suspension of public gatherings and conferences,and a nightly curfew, are expected to affect both productionand consumption across the economy.