Central Bank of Kenya Governor Patrick Njoroge has, however, predicted a tough year for Kenyans yet again.
In a series of tweets on Tuesday, December 31, the economist said 2020 may prove more challenging than the previous year as he urged wananchi to be prepared.
“The good news is 2019 is ending. The bad news is 2020 may prove as challenging. But we believe we are ready and will prove up to the task, ultimately improving the lives of those around us especially the most needy. For now I wish you a restful break, close to kin and hearth,” he tweeted.
In 2019, there were thousands of job losses, increase in debt levels, high inflation rates coupled with high unemployment rate.
An end of year poll released by Trends and Insights for Africa (Tifa) revealed the year 2019 was worse for Kenyans than 2018.
The survey indicated the high cost of living and unemployment were the biggest challenges faced by Kenyans.
Njoroges's post had mixed reactions.
