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Slowdown: IMF projects cash going into new projects to plummet

A housing estate under construction in Nanyuki town (Kibatia Kihu)

NAIROBI, KENYA: The International Monetary Fund (IMF) has projected Kenya’s total investment to hit a nine-year low this year.

The global lender said total investment as a fraction of GDP is expected to touch a low of 18 per cent.

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