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StanChart chief economist sees flat growth for Kenya in 2018
Standard Chartered Bank Chief Economist for Africa Razia Khan speaks during a media briefing on Africa’s 2018 economic outlook with a specific focus on Kenya in Nairobi on January 24, 2018. PHOTO | SALATON NJAU | NMG
Standard Chartered Bank #ticker:SCBK chief economist for Africa Razia Khan has forecast a flat growth for Kenya this year compared with last year.
She sees economy expanding by 4.6 per cent in 2018 – barely unchanged from estimated 4.5 per cent last year – largely due to reduced public spending on infrastructure development and persisting credit crunch in the private sector.
