IMF Says Resilient Kenyan Economy to Withstand Mall Assault

The International Monetary Fund said Kenya’s economy can withstand the disruption from an “one-off” attack by Islamist militants on a shopping mall last month that left at least 67 people dead, echoing the government’s view.

“Other countries that have experienced this show that if a terrorist attack is short lived and is a one-off, then it will not affect economic growth,” Domenico Fanizza, head of an IMF team assessing the country, told reporters today in the capital, Nairobi. “Kenya has proved resilient.”