Money Markets
Recession in DRC poses risk to Kenya economic outlook
A production manager with Erdeman inspects barrels used in fermenting brandy: DRC economy will grow at a modest 2.7 per cent this year. Photo/LIZ MUTHONI
By GEOFFREY IRUNGU
(email the author)
Posted Tuesday, November 17 2009 at 00:00
Posted Tuesday, November 17 2009 at 00:00
Periodic reports
The African Economic Outlook, which provides periodic reports on the continent’s economies, had said in July that it expected that DRC growth to be much lower in 2009 at negative 0.6 per cent.
However, this is expected to pick up in 2010 to 2.7 per cent, a similar figure to that put out by the IMF.
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