World Economy

Kenya Future Bright

Kenya Future BrightKenya Future Bright

China has provided financial support to Kenya because it is confident with Kenya’s bright future in economic development, a Chinese diplomat said, Xinhua reported. Guo Ce, economic and commercial counselor at the Chinese Embassy in Kenya, told an investors meeting in Nairobi that Kenya has used Chinese loans to expand economic growth. “In light of the fact the Kenya’s GDP has been increasing by 5% to 7% in recent years, and its fiscal income will rise by about 10%, the Chinese loans to Kenya are not a big problem to Kenya’s economy and so I am confident that the debt will be repaid on time,” Guo said.



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