Global economists upgrade Kenya’s growth outlook after poll

Top presidential contenders in the August presidential election Raila Odinga (L) and William Ruto. FILE PHOTO | NMG

Global economists have marginally upgraded Kenya’s growth outlook for this year following the peaceful conclusion of a closely-contested presidential vote despite soaring cost of living and mounting public debt stress.

A consensus growth outlook from 14 world-leading banks, consultancies and think tanks shows economic activities could expand 5.5 percent this year, a 0.1 percentage-point rise over the month before the General Elections.

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Note: The results are not exact but very close to the actual.