World Bank Raises Kenya’s 2015 Growth Forecast to 6 Percent
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The World Bank said the Kenyan economy is expected to grow 6 percent this year, up from an earlier projection of 4.7 percent, as lower oil prices spur consumption and the government proceeds with rail and energy projects.
The East African economy got off to a “strong” start in 2015 for the first time in years, according to an e-mailed copy of the World Bank’s twice-yearly economic update released on Thursday in the capital, Nairobi.