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Kenya projects economic growth by 6.2% in 2018

Published on August 01, 2018

Kenya’s economy is likely to expand by 6.2 per cent this year, the country’s central bank’s governor said on Tuesday.

This offers a rosier outlook than the country’s Finance Ministry, which expects growth of 5.8 per cent.

The East African economy expanded by 5.7 per cent in the first quarter as farming, which accounts for close to a third of output, recovered from a drought in the same period a year earlier.

The economy expanded by 4.9 per cent in 2017. Read more. Source | The New Times