Kenya’s economy expanded by 5.6 percent in 2015 helped by growth in agriculture, construction and real estate sectors.
Compared to 2014, the largest economy in East Africa grew marginally by 0.3 percent, The government said this morning.
Last year the economy struggled to create enough employment opportunities for its growing number of youth.
The country’s National Treasury Cabinet Secretary Henry Rotich Rotich revealed that the economy created more than 800,000 jobs in 2015 but this is still below its target of 1 million jobs annually.
In 2014, the economy generate fewer informal jobs for the first time in the country’s ten year history with private sector recording 69,600 opportunities created compared to 106,200 the previous year.
The public sector employment opportunities slackened by about 4,000 to add 17,500 jobs on the back of austerity measure talks.
