Macroeconomic Forecast Kenya

May 2008 | Macroeconomic Forecasts

BMI View: Political unrest and economic disruption suffered over January-February 2008 look set to rein in economic expansion in Kenya in 2008. Factoring in dampened consumer spending and private investment, we are forecasting real GDP growth of 3.1%. Our forecast falls somewhat below the Central Bank of Kenya 's 4.5-6.0% target, but is more upbeat than the International Monetary Fund 's bearish 2.5% forecast.

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