Kenya will review its economic growth target for this year after it recalculated the size of the economy, a move that led to a jump in annual growth rates, the Central Bank governor said yesterday. Government officials put 2013's gross domestic product at $53.4 billion (Sh4.76trillion) - 25 per cent higher - after rebasing, up from Sh3.8 trillion. Growth for 2013 was revised up to 5.7 per cent from 4.7 per cent. The higher growth trend was confirmed when the statistics office said the economy expanded by 5.8 per cent in the second quarter, up from 4.4 percent in the first three months. In...
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