Treasury now says it is planning to undertake studies in the various sectors of the economy to assess the impact of Covid-19. By ALLAN OLINGOMore by this AuthorA slowdown in services resulted in the economy contracting to 5.4 per cent last year from 6.3 in 2018, Treasury Cabinet Secretary Ukur Yatani has said. AdvertisementLower food pricesThe 2020 Economic Survey report showed that almost all segments of the economy in 2019 recorded a dip in their growth, save for the financial services sector. The manufacturing sector slowed down to 3.2 per cent in 2019 compared to a growth of 4.3 per cent the previous year. Tourism earnings grew by 3.9 per cent from Sh157.4 billion in 2018 to Sh163.6 billion in 2019.

Source: Daily Nation April 29, 2020 06:22 UTC