The number of Corona Virus cases in Kenya have continued to rise steadily even as the government continues to prepare locals for the worst.
Companies and the economy at large have been hit and it remains clear the Kenyan government has less fiscal room to support the economy compared to many of its peers and the country’s credit profile would weaken if a wider fiscal deficit increases the debt-GDP ratio. This means, Kenya has a very small headroom to support businesses even if it was willing to.
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