Kenya’s Central Bank Lowers 2024 Growth Forecast to 5.1pct

The Central Bank of Kenya (CBK) has revised its 2024 economic growth forecast downward to 5.1% from 5.4%, citing a slowdown in various sectors during the second quarter. Despite this, the CBK remains optimistic about the country’s overall economic performance, highlighting the continued strength of key service sectors, agriculture, and exports. “The resilience of key … Continue reading Kenya’s Central Bank Lowers 2024 Growth Forecast to 5.1pct