HK -IMF estimate kenya economy will be nearly 100B by end of 2019

[RV Pundit]

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[Kadudu]

Africa's total GDP only 2,9% of the world
We have a long way to go. With all this potential and natural resources. What are we up to really?
DRC just inaugarated another third rate politician as president. No academic or professional qualifications. Reminds me of ours back at home

[hk]

It goes to show kenya economic data is being tracked more conclusively. Mobile money is a key a indicator, https://www.businessdailyafrica.com/economy/Sh4trn-mobile-phone-deals-move-half-Kenyas-GDP/3946234-4948816-tg94g1/index.html, any economy moving more than $40b has to be bigger than $80b . It also means the next GDP rebase will be of lower increment cause most of the sectors and size are being being captured.

[RV Pundit]

It could also mean the real economic growth is 10-11% not 6% - and we will achieve vision 2030 very early. I think 3 things helping kenya 1) Strong KSHS - 2) Decreasing population growth (2.5% - but I think it could be less - we will know this year after census and 3)Of course economic growth.

It goes to show kenya economic data is being tracked more conclusively. Mobile money is a key a indicator, https://www.businessdailyafrica.com/economy/Sh4trn-mobile-phone-deals-move-half-Kenyas-GDP/3946234-4948816-tg94g1/index.html, any economy moving more than $40b has to be bigger than $80b . It also means the next GDP rebase will be of lower increment cause most of the sectors and size are being being captured.

[hk]

It could also mean the real economic growth is 10-11% not 6% - and we will achieve vision 2030 very early. I think 3 things helping kenya 1) Strong KSHS - 2) Decreasing population growth (2.5% - but I think it could be less - we will know this year after census and 3)Of course economic growth.

It goes to show kenya economic data is being tracked more conclusively. Mobile money is a key a indicator, https://www.businessdailyafrica.com/economy/Sh4trn-mobile-phone-deals-move-half-Kenyas-GDP/3946234-4948816-tg94g1/index.html, any economy moving more than $40b has to be bigger than $80b . It also means the next GDP rebase will be of lower increment cause most of the sectors and size are being being captured.

It means economy was much bigger than thought from way back 2010. If the economy was growing at 10%  other indicators like PMI would be in 60s not hoovering  in lower 50s.