Kenya sees 5.6 percent economic growth in 2013

THE government expects the economy to expand by 5.6 per cent this year, up from about 5 per cent in 2012, with growth rising to 6 per cent in the medium term, the finance ministry said. It cited growth in the agriculture sector, which was likely to increase output due to favourable weather, as well as infrastructure projects in transport and energy. Growing exports to neighbouring countries whose economies are booming and higher consumer demand at home on the back of falling inflation could also boost growth, it said in a Budget Policy Statement...