Kenya’s economy back on growth path after election slowdown

CGTN

Kenya’s Finance Minister Henry Rotich on Wednesday said the country’s economy is expected to rebound to 5.8 per cent growth, having slowed down in 2017 due to a prolonged electioneering period.

Kenya’s diversified economy is better able to withstand shocks like the commodity price drop that started in 2014 and hit oil-producing African countries such as Nigeria and Angola.

But its economy was hobbled by a severe drought in the first quarter of last year that was followed by poor rainfall.

Full article: CGTN

 

Print Friendly, PDF & Email