Abstract:
This technical report focuses on the short-term implications on the wider Kenyan economy of the COVID-19 lockdown by taking into account several impact channels (labour productivity, export demand and tourism, remittances, internal demand and internal trade costs). It considers the uncertainty of lockdown durations both domestically and abroad and incorporates the government fiscal and spending measures implemented through the Tax Laws (Amendment) Act, 2020, the COVID Spending Plan and the Economic Stimulus Plan.
