Nairobi, Dec. 10 -- Higher imports of intermediate and capital goods widened Kenya's current account deficit to 2.2 percent of gross domestic product (GDP) in the year to October 2025 up from 1.5 percent in the preceding similar period last year.
The deficit widened despite the country recording higher export earnings from horticulture, coffee, manufactured goods, and apparel during the year under review.
During the period, imports grew 9.6 percent on rising intermediate and capital goods orders, while exports increased 6.7 percent, creating an imbalance that expanded the deficit during the twelve-month cycle.
Read:Current account deficit widens to 2.1pc on increased imports
"The current account deficit stood at 2.2 percent of GDP in ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.