Kenyas 2013 economic growth projection downgraded to 5.4pc

Kenyas economic growth projection for this year has been downgraded to 5.4 percent down from an earlier figure of 5.6.
Nicholas Ithondeka an Investment Manager at PineBridge Investments says the lower figure will be on account of reduced consumer power due to the impact of the VAT Act as well as reduced earnings from the tourism sector.Report by Stanley Wabomba. Connect with KBC Online Visit our Website - Follow KBC on Twitter - Find KBC on Facebook - Follow KBC on Instagram - KBCNewsHour

Источник: rutube.ru