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An aerial view of Nairobi CBD at night. [File, Standard]
Amidst the gloomy global landscape of US insularity, Brexit in Europe and Chinese dominance, the outlook for Kenya’s economy in 2019 is one bright spark on the horizon.
Analysts at Focus Economics forecast the country’s GDP will grow by an impressive 5.8 per cent this year, far stronger than the predicted economic growth for the US (2.7 per cent) and the leading economies in Europe – Germany (2.1 per cent), UK (1.2 per cent), France (1.8 per cent), Italy (1,2 per cent), and Spain (2.4 per cent).
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