Kenya’s economy is likely to expand by 5.6 per cent in 2018 from an estimated 4.8 per cent last year, economists at Stanbic Bank #ticker:CFC projected on Thursday, citing largely improved agricultural production and recovery in services sector for the upgrade.
Resumption in government expenditure on infrastructure development and continued recovery in tourism sector will also support growth, Stanbic’s economist for East Africa Jibran Qureishi said Thursday.
