Budget office differs with State on 2015 economic growth projections

The Parliamentary Budget Office (PBO) has dismissed the Government’s projections on this year’s economic growth, becoming the first public body to poke holes in Kenya’s prospects.

The PBO, which advises legislators on budgets, has said in its latest report that the country’s economy will grow by 5.6 per cent, arguing that it is not possible to attain the 7 per cent estimated by the Government on account of a sluggish agricultural sector.