World Bank projects 6pc growth for Kenyan economy

Central Bank of Kenya building in Nairobi. FILE PHOTO | NMG

Kenya’s growth is projected to accelerate slightly in 2020, according to World Bank Group’s economists, partly supported by increased credit flow to businesses amid more favourable weather.

The economy is predicted to expand by six percent this year, multilateral development bank says in the latest Global Economic Prospects report, a 0.1 percent upgrade from its previous forecast in June 2019.

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