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Mensagempor Xiaoyeshi » 17 Mai 2018, 04:06

NAIROBI Ricky Wagner Lions Jersey , March 31 (Xinhua) -- Kenya's Gross Domestic Product (GDP) is projected to grow at 5.9 percent in 2016, up from 5.6 percent forecast for 2015, the World Bank said on Thursday.


The World Bank's economic report released in Nairobi forecasts the economy to improve further to 6 percent in 2017 due to low oil prices, good agriculture performance, supportive monetary policy Greg Robinson Lions Jersey , and ongoing infrastructure investments.


"The prevailing global conditions call for a more vigilant policy stance which is supportive of growth," World Bank Country Director for Kenya Diarietou Gaye said during the launch of the Kenya Economic Update (KEU) in Nairobi.


The East African nation experienced strong economic performance in 2015, and has exceeded the average growth for Sub Saharan Africa countries consistently since 2009, the report adds.


However, the report notes that Kenya's economy remains vulnerable to domestic risks that could moderate the growth prospects.


These Graham Glasgow Lions Jersey , the report says, include the possibility that investors could defer investment decisions until after the elections, election related expenditure could result to a cut back in infrastructure spending, and security which remains a threat, not just in Kenya but globally.


The Bank said changes in monetary policy in industrialized countries could trigger volatility in financial markets putting the currency under pressure.


Jane Kiringai A'Shawn Robinson Lions Jersey , the Bank's Senior Country Economist for Kenya and the lead author of the report, said policy interventions could be geared towards increasing access to broad skills beyond formal education, creating linkages between formal and informal firms, and helping small scale firms enter local and global value chains to help increase productivity of jobs in the informal sector.


"Kenya is not short of jobs; it is short of high productivity jobs," said Kiringai Michael Roberts Lions Jersey , adding that it's imperative to reduce the cost of doing business, which is necessary for a robust private sector to create more and better jobs.

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Western Sydney Wanderers coach Tony Popovic is unconcerned about Al-Hilal's complaints over the refereeing of the Asian Champions League final, which the Saudi club described as a ""black spot in the history of Asian football.""


Wanderers became the first Australian team to win Asia's most prestigious club title when a 0-0 draw in Riyadh on Saturday gave them a 1-0 aggregate win over two legs.


Twice Asian champions Al-Hilal released an incendiary statement late on Monday, calling for a formal probe into the appointment of the referees and saying they had been denied six penalties over the two matches.


""That's not really a concern for us,"" a deadpan Popovic told reporters in Sydney on Wednesday. ""Over the 180 minutes in two games Jalen Reeves-Maybin Lions Jersey , they didn't score a goal. We did and we're the champions.""


The Asian Football Confederation (AFC) have yet to respond publicly to the Al-Hilal statement but will investigate the brawl that followed the final whistle on Saturday.


That incident appeared to have been sparked by Al-Hilal striker Nasser Al-Shamrani spitting at Wanderers defender Matthew Spiranovic.


After such scenes and the hubristic pre-match comments from Al-Hilal coach Laurentiu Reghecampf, Wanderers goalkeeper Ante Covic said he found it hard to feel sorry for the Saudis.


""If they want to investigate the penalties maybe they should investigate their players and their behavior after the game,"" Covic told Fox Sports TV.


""For me that was more disgraceful than anything that happened on the field.


""They're going to be bitter. They were arrogant when they came to Sydney. They were arrogant in the second game, they believed they should win by -default.


""Their coach made some comments that were naive and bitter. He promised a win. They want to bring it up forward but their behavior and the way they treated us as a club I have no sympathy for them.""

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