Money Markets
EA trading bloc seen boosting Kenya’s growth
Cargo at the Eldoret airport. Kenya’s exports are likely to benefit from the expected recovery in the world economic growth. Photo/FILE
By ALLAN ODHIAMBO
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Posted Tuesday, May 25 2010 at 00:00
Posted Tuesday, May 25 2010 at 00:00
The AfDB and OECD however warned that weather-related risks remained critical to the growth prospects of the country and urged for caution.
“Risks to robust recovery in 2010 abound. Given the significance of agriculture to the GDP and employment, any delay in the long or short rains will have severe economic and social consequences,” the organisations said.
The outlook said transparency in the governance of public institutions would also be critical to Kenya’s growth prospects this year.
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