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World Bank cuts Kenya growth forecast to 4.9pc, sees rebound in 2018
The World Bank has cut back it's forecast of Kenya's growth this year to 4.9 per cent from an earlier estimate of 5.5 per cent. SOURCE & GRAPHIC | WORLD BANK, KNBS
The World Bank expects the Kenyan economy to rebound in 2018 as headwinds such as drought, slowing credit access and politics -- that hurt growth this year -- subside.
The bank said on Thursday that it had cut back it's forecast of the country's growth this year to 4.9 per cent from an earlier estimate of 5.5 per cent.
