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National Treasury Reports Kenya To Be At 9.9% GDP Increase In Quarter 3 of 2021

The country's real GDP is said to have grown 9.9 per cent in the third quarter of the year 2021, the National Treasury Cabinet Secretary Ukur Yatani affirmed. He said the economic recovery is due to the uplift of Covid 19 containment measures. Ukur Yatani made this report on the New Year's Eve. The CS said: “Economic recovery from the effects of Covid-19 pandemic continued in the third quarter of 2021 as a result of easing of containment measures." The third quarter economic regain comes after an earlier impression of second quarter performance that was 10.1 per cent of the real GDP growth in 2021.

“The easing of containment measures, saw a rebound in growth led by the education, accommodation and food serving activities, transportation and storage, manufacturing and insurance activities at 64.7%, 24.8%, 13%, 9.5%, 6.7%, respectively, " Yatani stated. The cabinet Secretary for the national treasury Ukur Yatani has reassured the government’s devotion to under way recuperation of the country's economy. “The 9.9% real GDP growth is testament that the economy is recovering from the effects of the Covid-19 pandemic, and that the government’s interventions are working for the good of our people. I thank Kenyans for their hard work and resilience," the cabinet Secretary for the National treasury exclaimed.

The economic recovery in the country is attributed to the Quarterly Gross Domestic Product Report by the (KNBS) Kenya National Bureau is Statistics. KNBS also gives a spotlight of the seven sectors of agriculture , construction, manufacturing, electricity supply, forestry and fishing, transportation and storage; housing and food amenity activities as well as insurance and financial activities.

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Covid Kenya National Treasury National Treasury Reports Ukur Yatani

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