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Economy turns a corner as exports increase by 7.1 per cent

By Dominic Omondi | Jul. 3, 2018

***National Treasury CS Henry Rotich.***

NAIROBI, KENYA: The value of exports in the first three months of this year rose by 7.1 per cent, signalling that the economy was turning a corner after a turbulent 2017.

Coming from a period when tough economic times saw the economy expand by a five-year low of 4.9 per cent, the value of exports went up to Sh162.9 billion between January and March 2018, from Sh152 billion recorded in the same period last year, according to the Kenya National Bureau of Statistics' (KNBS) latest Quarterly Balance of Payment report.

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