Kenya lags behind 11 African countries in terms of macroeconomic stability – KPMG report

Kenya has been ranked 112 globally on macroeconomic stability, institutional strength, openness and human capital and remains behind 11 other African countries.

Mauritius, Botswana and Rwanda are the top-most in Africa in terms of future growth promise on account of the measured indicators, according to a newly released report by audit and financial advisory firm KPMG titled Growth Promise 2018.

By macroeconomic issues the report refers to government deficit and public debt while openness refers to the stock of foreign direct investment and total trade.