Kenya risks missing its economic growth targets

Kenya risks missing its economic growth targets in the medium term as the country grapples with high debt distress and a deteriorating macroeconomic operating environment. According to the Institute of Public Finance in its latest macro-fiscal analytical snapshot report, the country finds itself in a tight spot following years of successive borrowing, coupled with the inability of the private sector to create sufficient jobs for millions of young people entering the job market annually. IPF further says that Kenya is staring at a health financing crisis as major donors gradually pull out funding for malaria, HIV/AIDS, and immunization.