Nairobi, Feb. 23 -- Monthly data on mobile-money transactions, electricity, and vehicle production reflect Kenya's economic output more accurately, a team of researchers at the International Monetary Fund (IMF) has said.
The researchers observed that tracking Kenya's near-term economic activity is presently problematic, partly due to the delay in GDP growth releases, which are typically published with intervals of at least one quarter.
"Although Kenya has been publishing quarterly GDP since 2009, which underscores the relatively high quality of its macroeconomic data among LICs (low-income countries), the reporting delay typically exceeds three months after the end of the quarter," the researchers at the IMF said in a working paper.
"T...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.