Edition #201 April 2017
World Bank Projects Kenya Economy to Grow at 5.5 Percent
The World Bank projects the Kenyan economy to grow at 5.5 percent in 2017; this is down from 6 percent it had initially estimated. The World Bank cites the ongoing drought and slowdown in private sector credit as the reason for this review.
An Economic Update by the bank further shows that the rise in prices of crude oil prices is also likely to inhibit growth prospects in Kenya... Read Full Story