Sunday, April 25, 2010

Bright Outlook for Kenya’s Economy

Kenya is poised for a return to the strong economic growth the country achieved prior to the onset of the global financial crisis, the International Monetary Fund said on Saturday, April 24th 2010.

In its report on African economies issued at its spring meetings in Washington, the IMF pegs Kenya’s growth rate for this year at slightly over 4 per cent and predicts it will reach nearly 6 per cent next year.
The projection for 2011 represents a robust expansion not achieved in Kenya since 2007, when the economy grew by 7 per cent.

This is great news for kenya.

1 comment:

  1. Our economy is growing steadily although i think it would be growing a little faster if corruption levels where reduced,check books on world economic growth at http://www.booksfromus.co.ke/ that you will find informative.

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