IMF cuts Kenya economic growth forecast again on poll jitters

NASA supporters hold protest in Homa Bay town to push for reforms in the Independent Electoral and Boundaries Commission (IEBC). (Photo: James Omoro/Standard)

The International Monetary Fund (IMF) has cut Kenya’s economic growth forecast for the second time, pointing to the country’s hard times.

In its World Economic Outlook, October 2017, the IMF expects the economy to grow by five per cent in 2017, slightly lower than their projected growth of 5.3 per cent in April.