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Kenyan Economy to Surge 6% – World Bank

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AFRICANGLOBE - The Kenyan economy, the biggest and fastest growing in the east African economic bloc, is forecast to surge by almost 6 percent this year boosted by greater capital flow into the economy and low interest rates.

IMF: Kenyan Economy to Grow Up to 6 pct In 2013

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AFRICANGLOBE - The International Monetary Fund expects the Kenyan economy to grow at least 5.5 to 6 pct this year from an estimated 4.5 to 5 percent in 2012, assuming elections in March go smoothly, a senior fund official said. "Kenya has stayed the course of its economic reforms and this has worked quite well," Domenico Fanizza, who has been leading a mission to Kenya under the IMF's Extended Credit Facility, told a news conference on Thursday.
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