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Kenya's economy to grow at 5.2pc in 2024 amid mounting headwinds

An investment/economy change graph. [Getty Images]

The deceleration of growth of private consumption in 2023, mainly due to the imposition of higher interest rates aimed at curbing inflation will lead to a slowdown in the country's economic activity this year, a new report says.

But according to Africa's Pulse, a World Bank Group publication that analyses issues shaping Africa's economic future, the trend should be reversed by 2024.

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