East African economies will decline this year driven by political instability, unreliable rainfall and reducing agricultural yields, economists at Deloitte say.
In its latest Macroeconomic Outlook Report for East Africa Volume III, Deloitte forecasts a decline to 5.3 percent compared to 6.4 percent in 2021 but up from 3.1 percent in 2020.
The report that covered Kenya, Ethiopia, Tanzania, Uganda and Rwanda shows that…