World Bank Gives Kenya's Economy a Nod, Predicts Growth

The World Bank has identified increased rains, an improved business environment, as well as easing of political uncertainty as the key drivers of Kenya's recent growth. It has, however, raised concerns over the country's tax revenue mobilisation that has failed to keep pace with its relatively fast economic growth rate.

 

Increased fuel prices after the imposition of an eight per cent tax on petroleum products could affect the economic growth of Kenya.

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