Debate over Kenya’s growth potential continues – Njoroge
Private sector sees macroeconomic stability and infrastructure funding aiding growth in long term
There seems to be a lack of consensus among Kenyan financial institutions on how inflation expectations would affect growth throughout 2017, a statement from the Bank of Kenya has shown.
In a decision that saw the central bank’s policy committee leave interest rates on hold at 10%, conflicting views on whether stability would foster growth were aired.
“Non-bank private sector firms expect a stronger growth,” governor Patrick Njoroge says in the statement, presenting results from a private
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