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East Africa

Why Kenya’s Treasury cut 2019 growth estimate to 5.6%

PUBLISHED: Wed, 15 Jan 2020 12:31:49 GMT

NAIROBI (Reuters) – Kenya’s finance ministry cut its 2019 economic growth estimate to 5.6%, from an initial estimate of growth of about 6%, saying the move was caused by slower growth in the farming sector.

Economic expansion could bounce back to 6.1% this year, the ministry said.

Reporting by Duncan Miriri; Editing by Catherine Evans


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