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Kenya’s economy to expand by 6.2%

Kenya Economy. (Softkenya.com photo)

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Kenya’s economy is likely to expand by 6.2 per cent this year, the central bank’s governor, Patrick Njoroge, said on Tuesday.

Kenya Economy. (Softkenya.com photo)

Kenya’s economy is likely to expand by 6.2 per cent this year, the central bank’s governor, Patrick Njoroge, said on Tuesday.

Njoroge told a news conference in Nairobi that the forecast was based on the economy’s performance in the first quarter, a stronger agriculture sector and a jump in tourists’ forward bookings.

The apex bank outlook offers a rosier outlook than the finance ministry, which expects growth of 5.8 per cent.

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