MACRO | Kenya Quarterly Macro Report : Gradual Recovery

    According to the World Bank, the global economy is expected to expand by 6% in 2021 largely on the back of strong rebounds from a few large economies with US growth expected to reach 6.8%, and China, 8.5%. This growth is likely to be supported by the higher demand and the elevated prices in energy commodities, metals, minerals, and agricultural commodities such as coffee. The uncertainty surrounding the different dangerous COVID variants remains a key risk to the recovery. In Kenya,
    there has been a lag in rolling out the vaccines as less than 1.5% of the population are fully vaccinated.

     

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