(Photo:David Njaaga/Standard)Critical sectors, including agriculture and manufacturing, struggled in last year to ensure President Uhuru Kenyatta’s promise of a double-digit growth remains elusive. Devolution and Planning Cabinet Secretary Mwangi Kiunjuri announced Wednesday that the Kenyan economy reported a flat growth of 5.8 per cent. This effectively means that a key Jubilee election pledge that economic growth would surpass 10 per cent under its watch remains a mirage. “The sector’s (manufacturing) growth remained stifled in the period under review mainly attributable to under-performance of other sectors such as agriculture and electricity that provide inputs for manufacturing activities,” the economic report reads. ALSO READ: Nairobi woo Muslim investors with Halal economic summitKey drivers of the lacklustre growth last year were tourism, telecommunication, real estate and education sectors.
Source: Standard Digital April 20, 2017 05:15 UTC