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Kenya’s Economy at Risk as it Slides into Dangerous Territory

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For a country dangerously addicted to debt as it battles unrelenting inflation, daily weakening of the shilling, tax shortfalls and rising interest rates, the fresh wave of political unrest could push Kenya’s economy to the edge, economists and analysts have warned.

While East Africa’s biggest economy reversed seven straight back-to-back quarterly growth declines to post 5.3 percent growth in the first quarter of the year, economists are cautioning policymakers against being lured into a complacency bubble.

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