CBK bullish on 2017 economic growth

Central Bank Governor Patrick Njoroge. file photo | nmg

The Central Bank of Kenya (CBK) has played down the impact of the ongoing political noise on the growth of the economy, contradicting economists who have projected the growth to fall below five per cent for the year.

CBK governor Patrick Njoroge said the annulment of President Uhuru Kenyatta’s re-election by the Supreme Court on September 1 and the ordering of a fresh poll has only delayed decision-making for “a few weeks”, with no significant impact on growth.

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Note: The results are not exact but very close to the actual.