The Central Bank of Kenya (CBK) has tipped the country’s economy to grow by 5.7 percent this year, which is a significantly more positive outlook compared to projections by the World Bank and the International Monetary Fund (IMF).
The World Bank has projected a growth of 5.2 percent in 2024, which it says will be driven partly by private sector investment and recovery in private consumption supported by reduced inflationary pressures.
