January 15, 2020 / 8:43 AM / a month ago

Kenya's Treasury cuts 2019 growth estimate to 5.6%

Beer crates of Tusker Malt are seen on a conveyor belt at the East African Breweries Limited factory in Ruaraka factory in Nairobi, Kenya April 6, 2018. REUTERS/Thomas Mukoya

NAIROBI (Reuters) - Kenya’s finance ministry cut its 2019 economic growth estimate to 5.6%, from an initial estimate of growth of about 6%, saying the move was caused by slower growth in the farming sector.

Economic expansion could bounce back to 6.1% this year, the ministry said.

Reporting by Duncan Miriri; Editing by Catherine Evans

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