When growth numbers don't tell the full story - News Summed Up

When growth numbers don't tell the full story


Few were palpably optimistic about the 2016 growth numbers. To Kiunjuri, numbers don’t lie; but to the reporter, these numbers were far from the truth. “If the private sector is not borrowing to spend and invest, what is actually driving growth?” Bohlund wondered. The private sector is the largest employer and in a market economy like Kenya’s, it should also be the main driver of growth. And while there is nothing wrong with this, the Government is not doing much to stimulate activity by the private sector.


Source: Standard Digital May 06, 2017 18:11 UTC



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