[snowcard]

Kenya's finance minister maintained the government's 7 per cent gdp growth projection for 2008 and said on tuesday that any drop would not be significant, despite post-election violence that has hit some key sectors. "we are still looking at the figures that are coming up and even if we were to revise the projected growth, it will not be as much as some people would want," finance minister amos kimunya told reporters. "i am still very hopeful that once we get through these current issues that we have, we should be able to maintain our 7 per cent (for 2008), 8 per cent for next year and 10 percent for 2012," he said, adding that tax collections were still strong. Kimunya said the stock market, whose price index had dropped by more than 10 percent, was also recovering.

The bourse's chairman jimnah mbaru said on monday that the stock exchange's performance was recovering after mediation talks seemed to be headed towards a resolution. "our stock exchange has stabilised and it is fine. We are not going to collapse," kimunya said. The talks headed by former un secretary general kofi annan however appeared to hit a stalemate on monday

B4 you start insulting kimunya he is talking about 'Lethoso' ,ukambani ,malindi and lamu PNU areas East of Nakuru and not the other Kenya run by the peoples president lol Chungwa kenya still has no government

[naughty_g]

Originally Posted by snowcard

Kenya's finance minister maintained the government's 7 per cent gdp growth projection for 2008 and said on tuesday that any drop would not be significant, despite post-election violence that has hit some key sectors. "we are still looking at the figures that are coming up and even if we were to revise the projected growth, it will not be as much as some people would want," finance minister amos kimunya told reporters. "i am still very hopeful that once we get through these current issues that we have, we should be able to maintain our 7 per cent (for 2008), 8 per cent for next year and 10 percent for 2012," he said, adding that tax collections were still strong. Kimunya said the stock market, whose price index had dropped by more than 10 percent, was also recovering.

The bourse's chairman jimnah mbaru said on monday that the stock exchange's performance was recovering after mediation talks seemed to be headed towards a resolution. "our stock exchange has stabilised and it is fine. We are not going to collapse," kimunya said. The talks headed by former un secretary general kofi annan however appeared to hit a stalemate on monday

B4 you start insulting kimunya he is talking about 'Lethoso' ,ukambani ,malindi and lamu PNU areas East of Nakuru and not the other Kenya run by the peoples president lol Chungwa kenya still has no government

ok...this pple cannot possibly be living in the same Kenya r they....the economy is already down....1st we gotta work to bring it back up n then some...n now its gonna go to 8% growth within 8mthns...for real?r they gonna base that growth in just one region or the whole country....eish