Tuesday, 13 January 2009

Kenya’s declares National Emergency

Kenya has declared a National Emergency because of the drought affecting the north and east of the country. 10 million people, some 30% of the population, are affected.

The crisis is affecting rural and non-industrialised parts of the country. The ports and tourist areas, as well as manufacturing centers, are so far unaffected. GDP is being downgraded, inflation is likely to to increase and the current account deficit will widen.

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