2015 economic growth

437 views · Published 19 November 2015 · 0:09 · Indexed 4 November 2026

Channel: KBC Channel 1 · 2015 · News & Politics

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Just how much growth is the Kenyan economy likely to generate in the current financial year? The answer depends on who you ask. The government believes the economy will expand by 5.8 percent, World Bank sees a growth rate of 5.4 while the International Monetary Fund pegs growth at 6.5 percent. The three institutions however agree that growth will be dragged by adverse weather, dynamics in the global economy as well as tight monetary policy. Nonetheless , despite forecast cuts, Kenya’s economy will be one of the fastest growing economies in the world.
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