KNBS data shows 50 per cent reduction in foreign investments and remittances
2 months ago, 4 Jan 00:12
: Money flowing into the country more than halved during the election period, latest official data shows. The quarterly report on balance of payment by the Kenya National Bureau of Statistics shows the 50 per cent reduction in financial inflows occurred between July and September 2017, at the time Kenyans went to the polls. “Net financial inflows more than halved from a surplus of Sh67.6 billion in the third quarter of 2016 to a surplus of Sh27.7 billion in the third quarter of 2017,” said the n ...
Category: business news