Kenya economic growth to slip to 5.7 pct in 2017: cenbank

[Geza Ulole]

Kenya economic growth to slip to 5.7 pct in 2017: cenbank
Tue Jan 31, 2017 8:55am GMT

Print | Single Page
[-] Text [+]

1 of 1Full Size
NAIROBI (Reuters) - Kenyan economic growth is expected to slip to 5.7 percent in 2017 from about 5.9 percent in 2016, the central bank said on Tuesday.

Governor Patrick Njoroge did not give reasons for the drop in a news conference but said risks to the outlook came from uncertainty related to Britain's vote last year to leave the European Union and questions about the direction of U.S. policy after the election of President Donald Trump.

Economists have said an election later this year in Kenya, which has a history of strife during voting, could also hurt the economic outlook.

(Reporting by Duncan Miriri; Writing by Edmund Blair; Editing by Katharine Houreld)

© Thomson Reuters 2017 All rights reserved

Kenya economic growth to slip to 5.7 pct in 2017: cenbank | Reuters

 

[Mwanzi1]

More reasons for the downfall

•Election in Kenya

•AGOA is hanging in balance with Tramp admin.

•EPA is still no show

•Brexit

•Investors not sure if Kenya can guarantee ROI in EAC

•Chinese investment overwhelming other investors

•Security issues holding back tourism.

 

[KeMzalendo]

You guys are more experts on Kenya than Kenyans themselves.
You forgot yo add drought.

 

[mkenya1987]

Kenya economic growth to slip to 5.7 pct in 2017 What kind of nonsensical headline is that, kwani has the year ended ? English must be tough for some people.

 

[elbarik]

You guys are more experts on Kenya than Kenyans themselves.
You forgot yo add drought.

Heheee usishangae kuowaona wengine wao [HASHTAG]#KOT[/HASHTAG]

 

[Dhuks]

If it grows at 5.7% it must mean that its really flying. I expect lower numbers in a year of toxic politics

 

[Edward Wanjala]

If it grows at 5.7% it must mean that its really flying. I expect lower numbers in a year of toxic politics

Kenya politics are quite toxic, some people say, that is democracy but this is too much

 

[MOTOCHINI]

Nasubiria ifikie 5.3

 

[Edward Wanjala]

Nasubiria ifikie 5.3

Yea it is likely, any election year has never been good to Kenya's Economy