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Kenya's economy to grow by 5.7 per cent in 2016
Global ratings agency Moody's has said Kenya's GDP growth will reach 5.7 per cent in 2016 from 5.6 per cent in 2015. PHOTO | FILE
Kenya’s economy will expand by 5.7 per cent this year buoyed by a stable political environment, higher infrastructural spending, increased foreign investments and consumption by the growing middle, class rating agency Moody’s has said.
Moody’s projection is slightly lower than the 5.9 per cent estimated by the Treasury.
