Business Daily | by Constant Munda
Global economists have marginally upgraded Kenya’s economic growth outlook for this year, citing debt reliefs and stronger capital expenditure.
A consensus outlook from 15 global banks, consultancies and think-tanks shows that Kenya’s economy is likely to rebound from an estimated growth of 0.6 per cent to five per cent, an upward revision from 4.9 per cent a month ago.
Analysts at the Barcelona-based FocusEconomics, who compiled the outlook data between January 19 and 24, said the fresh projection is an upgrade of 0.1 percentage points from last month’s forecast…
