Kenya Economic Growth to Slip to 5.7 pct in 2017: Cenbank

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900x506_345303Kenyan economic growth is expected to slip to 5.7 percent in 2017 from about 5.9 percent in 2016, the central bank said on Tuesday.
 
Governor Patrick Njoroge did not give reasons for the drop in a news conference but said risks to the outlook came from uncertainty related to Britain’s vote last year to leave the European Union and questions about the direction of U.S. policy after the election of President Donald Trump.
 
Economists have said an election later this year in Kenya, which has a history of strife during voting, could also hurt the economic outlook.
 
By Reuters