The Central Bank of Kenya (CBK) has projected the economy to grow by 6.1 percent this year and 5.6 per cent in 2022, backed by recovery in manufacturing, trade and hospitality sectors, and despite expected decline in agriculture production.
CBK governor Patrick Njoroge said Wednesday that economic indicators around the manufacturing, trade, accommodation and power consumption are pointing to improved economic performance, while there is also high optimism among banks and private sector players over the prospects for growth.
