Kenya’s Growth Seen at Five-Year Low Amid Political Gyrations - News Summed Up

Kenya’s Growth Seen at Five-Year Low Amid Political Gyrations


NAIROBI, Kenya—A long, messy election and detrimental policies will slow growth in one of Africa’s most important economies to its weakest in five years, the World Bank said Thursday. The bank now predicts Kenya’s gross domestic product will expand by 4.9% in 2017, instead of the nearly 6% originally expected. The downgrade comes as several...


Source: Wall Street Journal December 07, 2017 11:29 UTC


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