IMF projects 6.5pc growth for Kenya

[MK254]

The International Monetary Fund (IMF) expects Kenya’s economy to grow by 6.2 percent in 2016 beating the government’s conservative estimates.

The National Treasury had estimated between 5.5 percent and 6 percent growth this year.


The growth is being supported by a resurgence of the tourism sector as well as the government’s policy to cut down on the import bill.

Treasury Cabinet Secretary Henry Rotich said continued investment in infrastructure projects will see growth rise by 6.5 percent which will boost growth in the country.

“With the ongoing infrastructure investments ,continued prudent macroeconomic policies, domestic resource mobilization and increasing role of the private sector in growth dynamics, the sub-Saharan region is projected to register a growth of 2.9 percent in 2017.our economic outlook will continue to remain robust with growth rates well over 6 percent,” Mr Rotich said.

IMF Regional Director Abebe Aemro Selassie however said obstacles such as the current drought and political jitters ahead of the 2017 elections could pull down the economy in 2017.

The polarizing nature of Kenyan election politics and uncertainty about the outcome, are among the root causes of economic slowdown.

Mr Selassie said for Kenya to maintain its momentum it has to navigate the terrain of unfavorable weather conditions to curb drought stricken areas.
‘‘The slowdown is happening when global growth is slow but steady. The growth is flat at 3 percent. To have slowdown in the region is most synchronizing to what is happening to the Kenyan economy,” he said.
IMF projects 6.5pc growth for Kenya - Citizentv.co.ke

 

[Barbarosa]

The International Monetary Fund (IMF) expects Kenya’s economy to grow by 6.2 percent in 2016 beating the government’s conservative estimates.

The National Treasury had estimated between 5.5 percent and 6 percent growth this year.


The growth is being supported by a resurgence of the tourism sector as well as the government’s policy to cut down on the import bill.

Treasury Cabinet Secretary Henry Rotich said continued investment in infrastructure projects will see growth rise by 6.5 percent which will boost growth in the country.

“With the ongoing infrastructure investments ,continued prudent macroeconomic policies, domestic resource mobilization and increasing role of the private sector in growth dynamics, the sub-Saharan region is projected to register a growth of 2.9 percent in 2017.our economic outlook will continue to remain robust with growth rates well over 6 percent,” Mr Rotich said.

IMF Regional Director Abebe Aemro Selassie however said obstacles such as the current drought and political jitters ahead of the 2017 elections could pull down the economy in 2017.

The polarizing nature of Kenyan election politics and uncertainty about the outcome, are among the root causes of economic slowdown.

Mr Selassie said for Kenya to maintain its momentum it has to navigate the terrain of unfavorable weather conditions to curb drought stricken areas.
‘‘The slowdown is happening when global growth is slow but steady. The growth is flat at 3 percent. To have slowdown in the region is most synchronizing to what is happening to the Kenyan economy,” he said.
IMF projects 6.5pc growth for Kenya - Citizentv.co.ke

Tanzania yetu imeshagota 8% dadadeki na hapo bado Infrastructure projects hazijaanza, Kenya wamefikia hata hiyo 6% kwa sababu ya SGR tu!

 

[Depay]

Tanzania yetu imeshagota 8% dadadeki na hapo bado Infrastructure projects hazijaanza, Kenya wamefikia hata hiyo 6% kwa sababu ya SGR tu!

SGR Halijaanza kufanya kazi....Sasa weweeee????

 

[Barbarosa]

SGR Halijaanza kufanya kazi....Sasa weweeee????

Unaelewa maana ya Infrastructure projects na mchango wake kwenye GDP ya nchi? Ni kwamba ule ujenzi peke yake unachangia sana kwenye ukuaji wa Uchumi kwa maana cement inahitajika, Maji, ajira za watu ambapo huongeza consumer spending, n.k.

 

[MK254]

Tanzania yetu imeshagota 8% dadadeki na hapo bado Infrastructure projects hazijaanza, Kenya wamefikia hata hiyo 6% kwa sababu ya SGR tu!

Rais mstaafu Kikwete aliwafikishia kwenye 7.5 nyie na mbwenbwe zote hizi za kubana na kushtukiza shtukiza lakini mwaka mmoja baadaye bado mnachezea kwenye 7.9

MlituahudI uchumi wa bongo utapita wa Kenya kwa ndani ya mwaka mmoja.

 

[Kafrican]

kufika tutafika tu hata kama hatuna gesi wala mvua ya kutosha


Ford, Nissan seek Africa car industry fixes with state talks

 

[Barbarosa]

Rais mstaafu Kikwete aliwafikishia kwenye 7.5 nyie na mbwenbwe zote hizi za kubana na kushtukiza shtukiza lakini mwaka mmoja baadaye bado mnachezea kwenye 7.9

MlituahudI uchumi wa bongo utapita wa Kenya kwa ndani ya mwaka mmoja.

Wewe acha porojo mpaka sasa hvi bado ni uchumi wa Raisi aliyepita na isitoshe Mwinyi, Mkapa, Kikwete na Magufuli, wote ni Maraisi wa TZ kupitia CCM na hakuna Raisi ambaye anastahili sifa peke yake kwani kila Raisi alirithi ktk kwa mwenziye na ndiyo maana tunaita kupokezana vijiti na wote wanatekeleza Sera za Chama dola CCM!

 

[MK254]

Wewe acha porojo mpaka sasa hvi bado ni uchumi wa Raisi aliyepita na isitoshe Mwinyi, Mkapa, Kikwete na Magufuli, wote ni Maraisi wa TZ kupitia CCM na hakuna Raisi ambaye anastahili sifa peke yake kwani kila Raisi alirithi ktk kwa mwenziye na ndiyo maana tunaita kupokezana vijiti na wote wanatekeleza Sera za Chama dola CCM!

Mkae mjiulize siri ya Kikwete ilikua nini maana mumebana naona kwenye mitandao Watanzania wanalia hali ngumu ilhali bado mnachezea kwenye 7
Mnaibuka na kulaumu eti hali iko ngumu maana wananchi wameficha hela kwenye magodoro

 

[Barbarosa]

Mkae mjiulize siri ya Kikwete ilikua nini maana mumebana naona kwenye mitandao Watanzania wanalia hali ngumu ilhali bado mnachezea kwenye 7
Mnaibuka na kulaumu eti hali iko ngumu maana wananchi wameficha hela kwenye magodoro

Sawa tutamuuliza nina uhakika atatusaidia kwa maana wote ni CCM, usijali!

 

[MK254]

Sawa tutamuuliza nina uhakika atatusaidia kwa maana wote ni CCM, usijali!

Lakini wote mnaisoma namba, ikiwemo hata nyie wa Lumumba. Mfanye hima mumufuate mapema maana mwaka umeisha tayari.
Nakumbuka nilisoma sehemu mnatamani hata urais uwe wa miaka miwili tu maana pagumu.

 

[Barbarosa]

Lakini wote mnaisoma namba, ikiwemo hata nyie wa Lumumba. Mfanye hima mumufuate mapema maana mwaka umeisha tayari.
Nakumbuka nilisoma sehemu mnatamani hata urais uwe wa miaka miwili tu maana pagumu.

Sawa, usijali!

 

[Depay]

Unaelewa maana ya Infrastructure projects na mchango wake kwenye GDP ya nchi? Ni kwamba ule ujenzi peke yake unachangia sana kwenye ukuaji wa Uchumi kwa maana cement inahitajika, Maji, ajira za watu ambapo huongeza consumer spending, n.k.

Am done with you....Nenda kasome bana.

 

[Barbarosa]

Am done with you....Nenda kasome bana.

Elimu haina mwisho!

 

[Gitimu Peter]

Na Kwa wale waTZ wanaoringa na 8%, ni vyema kufahamu kuwa hiyo 8% yenu haikaribii 6% ya Kenya hata kidogo. Uchumi wa Tanzania uko mbali sana na wa Kenya.

 

[Sammuel999]

Na Kwa wale waTZ wanaoringa na 8%, ni vyema kufahamu kuwa hiyo 8% yenu haikaribii 6% ya Kenya hata kidogo. Uchumi wa Tanzania uko mbali sana na wa Kenya.

69.71bn$ ikimea at 6.5% = 74.24bn$

Ilhali hyo yao 46bn$ ikigrow at 7% NOT 8% = 49.22bn$

Bado Hii decade itatuwacha mbele!!!.....

 

[game over]

69.71bn$ ikimea at 6.5% = 74.24bn$

Ilhali hyo yao 46bn$ ikigrow at 7% NOT 8% = 49.22bn$

Bado Hii decade itatuwacha mbele!!!.....

Hiyo ni mwaka Jana,
Ok then please explain how is 69.71 2016

 

[game over]

kufika tutafika tu hata kama hatuna gesi wala mvua ya kutosha


Ford, Nissan seek Africa car industry fixes with state talks

Usiwe mjinga kiasi hicho, things dont work that way, effect ya gesi kiuchumi in tz will be revealed by 2025,
Now that there is a massive projects u/u for LNG Lindi worth $30bn and the largest fertiliser plant in the region and among the largest in the continent to boost the agriculture sector in EA and SADC..si unajua tuna hydrocarbons za kutosha kwahiyo nyang'aus mtauziwa cheap fertilizer and that will probably releave you from hunger, (your traditional enemy)

 

[game over]

Rais mstaafu Kikwete aliwafikishia kwenye 7.5 nyie na mbwenbwe zote hizi za kubana na kushtukiza shtukiza lakini mwaka mmoja baadaye bado mnachezea kwenye 7.9

MlituahudI uchumi wa bongo utapita wa Kenya kwa ndani ya mwaka mmoja.

Itakuchukua muda kuelewa what magufuli is intending to do,
Infact hali hii huenda itadumu kwa hata two more years but people will realize what was the use of it.
Go JPM.

 

[Kafrican]

Usiwe mjinga kiasi hicho, things dont work that way, effect ya gesi kiuchumi in tz will be revealed by 2025,
Now that there is a massive projects u/u for LNG Lindi worth $30bn and the largest fertiliser plant in the region and among the largest in the continent to boost the agriculture sector in EA and SADC..si unajua tuna hydrocarbons za kutosha kwahiyo nyang'aus mtauziwa cheap fertilizer and that will probably releave you from hunger, (your traditional enemy)

kama sijakutukana usinianze tafadhali.... wapi nimesema effect itakuwa immediate.... sisi huku hatuna hayo mko nayo, kwahivyo hatutawai kua kiuchumi kupitia njia yenu...... lakini by the time mmeanza kuproduce na kutumia hizo gesi zenu we unafikiri si tutakua tumefika wapi kwa mambo ya manufacturing ambayo nimepost link hapo juu??? kwasasa hizi kampuni zimeambia serekali ifanye juhudi ile wawe wanaeza kumanufacture hapa hapa, kwasasa wengi wao wana assemble tu,

 

[Sammuel999]

Hiyo ni mwaka Jana,
Ok then please explain how is 69.71 2016
View attachment 424346

Well ukitoa news kwa gazetti ya vijiweni dont bring them here as facts

Earlier this month IMF released Horn of Africa Outlook for 2016

Sudan is leading with a 78bn$ economy growing at 4%

Ethiopia for the second time this decade surpasses kenya

Fyi Nigeria is not anymore the largest economy South africa took back its mantle


IMF released its report on 6th October 2016 ....3 weeks ago and predictes kenya to grow at 6.5% Next year so you tell me

CCTV china:

And according to WORLD BANK kenya in 2015 had already achieved the 69bn$ mark so this year we are well in 70bn$+