Kenyan economy

Published May 29, 2007

NAIROBI, May 28: The Kenyan economy grew by 6.1 per cent last year, marking steady growth since President Mwai Kibaki came to power in December 2002, officials said on Monday.

“We have continued to record progressive improvement in the economic growth rate, culminating in the rate of 6.1 per cent last year.

Considering the rates of growth we have achieved in the last four years, our performance is the best economic run we have had in three decades,” Kibaki said in a speech on government strategy.

“The strategies we are implementing are intended to maintain this level of economic performance, and to continually improve on it as we move towards our target growth rate of 10 per cent,” he added.—AFP

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