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Thursday, March 05, 2015

Kenyan Economy Will Grow By Almost Double Digits: Kibakinomics?

World Bank experts now project that the Kenyan economy will grow by between 6 and 7 percent over the next 3 years. This will make the country one of the 5 fastest growing economies in sub Saharan Africa.

If truth be said it seems that the country is now beginning to cash in on prudent fiscal policies put in place during President Mwai Kibaki's tenure in office. Kibaki is a respected world economist although his political tenure as president has been widely criticized. A few days ago some spin doctors even made a spirited attempt to clean up the former president's public image by sending a press release to the media claiming that he had been shortlisted for the Mo Ibrahim leadership award. It turned out that he did not even qualify to be on the list.

Kibaki is still influential in the country as one of President's Uhuru's key advisors on economic matters.
Read More on the World Bank Report

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