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CBK governor hails resilience of the Kenyan economy

2 weeks ago 37
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Central bank governor Dr. Patrick Njoroge says rapid hikes in interest rates by advanced economies are making it difficult for countries across Africa to obtain access to capital markets. In an interview with Bloomberg TV in New York, Njoroge stated that the policies being implemented in the advanced countries are poised to freeze out developing countries. However Njoroge stated that the country’s economy will grow at 5.4% pegged on the country’s increased exports and its resilience in the face of mounting external challenges like the strengthening of the dollar and the fuel crisis being witnessed globally .
Source : Kenya CitizenTV

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