Nairobi — Buoyed by falling oil prices, Kenya's growth is projected to rise from 5.4 percent in 2014 to 6-7 percent over the next three years (2015-2017), making it one of the fastest-growing economies in Sub-Saharan Africa according to the latest Kenya Economic Update (KEU) published by the World Bank.
The eleventh edition of the KEU notes that external and internal balances are expected to improve significantly, thanks to falling oil prices. In addition public investment in infrastructure, mainly in energy and standard gauge railways, will strengthen growth in the medium term.
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