Prices of goods have continued to skyrocket with households spending more to meet their daily needs.
Kenya’s poverty rate is projected to drop to a five-year low in 2023 thanks to better weather and export growth.
The World Bank is set to raise the international poverty line for the first time in seven years, a move that could throw more Kenyans into the category of those living in extremely poor conditions.
World Bank has announced it is set to raise the global poverty line from the current $1.90 (Sh220) per day to $2.15 (Sh249) per day to reflect the rising cost of living across the globe that has seen individuals pay more for the same quantity of goods.
