Pact to boost Kenya revenue by Sh600b - News Summed Up

Pact to boost Kenya revenue by Sh600b


The government has warned people to be aware of the quality of face masks they are using. [Peterson Githaiga, Standard]Kenya stands to gain Sh600 billion in real income over the next 15 years if the Africa Continental Free Trade Area (AfCFTA) is fully implemented. Read MoreAccording to a new World Bank study, AfCFTA could also help lift 4.4 million Kenyans out of poverty, with the country emerging among the top beneficiaries of the ambitious trade pact. Unevenly distributedSubscribe to Our Newsletter Subscribe to our newsletter and stay updated on the latest developments and special offers! “In monetary terms, intra-continental trade grows from $294 billion (Sh29 trillion) in 2035 in the baseline scenario to $532 billion (Sh53 trillion) after implementation of AfCFTA in 2035,” the report said.


Source: Standard Digital February 25, 2021 21:00 UTC



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