World Bank casts doubt Kenya's poverty reduction ambition

Boda-boda operators protest outside Bahati CDF office in Nakuru County on August 2, 2019 over being denied job opportunities meant to alleviate their poverty. Kenya's poverty index is disappointing. PHOTO | FILE | NATION MEDIA GROUP

What you need to know:

  • This year, it cut growth forecasts for the region's key economies from an anticipated 2.8 per cent projected in April to 2.6 per cent.
  • The highest concentration of poverty has shifted from South Asia to Africa, and that nine out of every 10 poor people in the world will be living in Africa by 2030.

The pace of poverty reduction, especially in the country’s urban centres, has slowed down, casting doubts on the country’s ability to achieve its target of cutting poverty down to three per cent by 2030.

Welcome!

You're all set to enjoy unlimited Prime content.