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The economy of Kenya is market-based with a few state enterprises. Kenya has an emerging market and is an averagely industrialised nation ahead of its East African peers. Currently a lower middle income nation, Kenya plans to be a newly industrialised nation by 2030.
The Economic Stimulus Programme (ESP) was a spending plan initiated by the Government of Kenya to boost economic growth and lead the Kenyan economy out of the 2007–2008 Kenyan crisis and the Great Recession. [1] It was introduced in the 2009/2010 Budget Speech [2] in parliament by Finance Minister Uhuru Kenyatta.
In 2010, there were more than twenty large micro finance institutions in Kenya, which provided US $1.5 billion to approximately 1.5 million active borrowers. According to their gross loan portfolio, the five largest institutions are: Equity Bank Kenya has a market share of 73.50%, a gross loan portfolio of 924,993,804 Kenyan Shilling and ...
The floods have wreaked havoc, destroying homes, roads, bridges and other infrastructure across Kenya, East Africa's largest economy. The death toll exceeds that from floods triggered by the El ...
The deluges have destroyed homes, roads, bridges and other infrastructure across East Africa's largest economy. At least 164 people have been injured by the adverse weather, while 212,630 have ...
t. e. The National Treasury [1] of the Republic of Kenya is the Kenyan government ministry which formulates financial and economic policies and oversees effective coordination of Government financial operations. [2]
The Kenya Institute for Public Policy Research and Analysis (KIPPRA) is an autonomous public institute that was established in May 1997 through a Legal Notice and commenced operations in June 1999. [1] In January 2007 the President of Kenya signed the KIPPRA Bill into law and the KIPPRA Act No. 15 of 2006 commenced on 1 February 2007.
SBM Bank (Kenya) Limited (previously known as Fidelity Commercial Bank Limited), is a commercial bank in Kenya, the largest economy in the East African Community. It is licensed by the Central Bank of Kenya , the country's central bank and national banking regulator.