Ambassade Du Kenya en Belgique
Kenya's economy is expected to expand by about 6 percent in 2013 thanks to a rebound in sectors such as manufacturing and financial services. The country's $35 billion economy expanded by 4.6 percent last year, only a touch more than in the previous year, as activity was slowed by high costs and political uncertainty. If the finance and banking sector continues to grow, now that there is no uncertainty with the elections, we would expect that would contribute to the (overall) growth, we expect growth in tourism, agriculture as well. Manufacturing should improve a little bit more this year." Improved growth outlook to a stable macroeconomic environment and increased investor confidence is expected and the Kenyan shilling has been largely stable against the dollar this year, gaining about 2 percent, while inflation is well within the government's preferred range. And agriculture still remains a very huge sector. If the good weather is not sustained we are affected. Kenya is testing commercial viability of promising oil deposits it struck last year. The government will focus on pushing investments in some of the very key strategic areas, with foreign direct investment into the natural resources sector. Kenya could attain the double-digit growth that the government has been targeting if it properly manages wealth from those natural resources, the IMF has also indicated.
- Independence Date: 12 December 1963 (from UK)
- Capital: Nairobi
- TLD: ke , Phone Code: +254
Best of African Embassies
One visiting the Embassy of the Republic of Kenya is welcomed with Chai... Kenya's award winning black tea. The diplomats are highly professional and processing of documents are done fast and with high accuracy.