World’s leading lenders, consultancies and think-tanks have marginally cut Kenya’s growth prospects for 2019, citing Nairobi’s reducing headroom to access more funds internationally amid slow growth in bank loans to businesses and households.
A consensus growth outlook from 12 global firms indicates the country’s economy is likely to expand by 5.8 percent, 0.1 percentage points lower than last month’s projection and unchanged from this year’s forecast.
