Kenya: Stanchart Forecasts Kenya's Economy to Grow By 5.8 Percent in 2016

20 January 2016

Nairobi — Standard Charted Bank forecasts Kenya's economy to grow by 5.8 percent in 2016 buoyed by heavy infrastructure investment by the government.

The Bank's Chief Economist for Africa, Razia Khan, says interest rates will remain relatively stable in the medium term and will be begin to drop in the second half of 2016.

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