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Kenya’s Economy Shows Rising Growth – World Bank

Diarietou Gaye, World Bank’s Country Director for Kenya

2018 World Cup Qualifier

Uganda 3-0Togo (4-0) aggregate

Uganda Cranes eased to the through to the group stages after defeating Togo 3-0 in an almost one sided game played at Namboole stadium.

Cranes captain Geoffrey Massa put the hosts in te driving seat in the 3rd minute after receiving a pass from Godfrey Walusimbi that the former struck past Togo keeper Djehani N’guissad.

The momentum was then set from then as the Cranes dominated the game from the midfield commanded by Tony Mawejje, information pills http://clearlakefestival.ca/wp-includes/class-wp-comment-query.php Aucho Khalid, cialis 40mg Kizito Luwagga and Godfrey Walusimbi.

Mawejje ‘s timely interceptions and Miya’s calculated  movements  caused discomfort and trouble for Amevor Kodjo and Wome Dovi who were subsequently booked by the Madagascan referee Nampiandraza El Moussa.

Miya was on target for Uganda’s second goal that came off a defensive error that saw Walusimbis’s attempt failed to get thwarted by Djene Dakonam before the Vipers forward fired it into the net. He doubled his score in at the stroke of halftime with a well curved volley that sealed a 3-0 home victory for the Cranes.

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Togo’s coach Tom Saintfiet rued his side’s lack of a quick reaction after trailing in the first half where he believes it was possible to change the result.

“We lost possession and the firepower soon after the first goal. However I thought we could fight back but failed to have a shot at Uganda’s goal,” he said.

“I am so disappointed with the way we played because we have ourselves entirely to blame. However Uganda worked hard and deserved to win this game,” he added.

However his opposite number Sredejovic Milutin was happy with the Cranes spirit and hard work but was acknowledges the campaign is not done and dusted. He also attributed the good performance to the recent improved away performance that has seen Uganda win the last three games in Comoros, Sudan and Togo.

Micho’s focus as well as the team with be set next week’s Cecafa competitions that will be hosted in Addis Ababa, Ethiopia.

“We are taking at step at a time and we shall now begin serious preps for the Cecafa tournament and later the 2016 January CHAN competitions,” he said.

The Game in Pictures

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Kenya’s economy is expected to grow at 5.4 percent in 2015, store http://dailycoffeenews.com/wp-includes/class-json.php recording an improvement over the 2014 growth rate of 5.3 percent, viagra buy according to a new World Bank Group economic report released on Thursday.

According to the bank, more about the growth rate in 2016 is projected to be 5.7 percent.

The Kenya Economic Update (KEU) prepared by World Bank attributes the growth to government investment in infrastructure and strong consumer demand.

“Kenya has the potential to become one of the best performing economies in Sub Sahara Africa and also among middle income countries,” Diarietou Gaye, the Bank’s Country Director for Kenya said.

“Managing the challenges emerging from the current global economic environment will enable the government to deliver on the promise of a more prosperous future for Kenyans,” he added.

Economic performance remains solid, though the uncertainty facing global currencies is causing volatility in the domestic money and foreign exchange markets.

This has moderated Kenya’s growth prospects, the 12th KEU edition reports.

In addition, the current fiscal deficit as a share of GDP presents a risk to growth unless fiscal consolidation is undertaken.

According to John Randa, Senior Economist and the Lead Author of the KEU, the current expansionary fiscal path presents a risk to growth.

“Although heavy infrastructure spending is a boon for Kenya’s production space and future growth, the short- to medium-term macro-fiscal framework is vulnerable to macroeconomic shocks,” he added.

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