Highlights of key recent economic developments
• GDP growth – around 6% to 7% for more than a decade
• Inflation – single digit, an average of 5.2% in 2016. However, increased
to 6.4% in April 2017
• Shilling – stable since mid-2015
• Revenue collection – significant recent improvement
• The decline in aid inflows, offset by increased FDI and borrowing
• Oil price – current account benefit, but a threat to LNG project hopes