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    BUSINESS

    CS Henry Rotich Claims NASA Boycott Too Trivial Shake Economy

    KahawaTungu ReporterBy KahawaTungu ReporterNovember 9, 2017No Comments2 Mins Read
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    Treasury Cabinet Secretary Henry Rotich has lauded the response of the Kenyan economy following the prolonged election period.

    He further spoke on how the country underwent two presidential elections and still managed to carry on with business as usual.

    According to the CS, the country’s economy is set to grow by 5 to 5.1 per cent this year.

    Rotich spoke at a press briefing in Nairobi and expressed his confidence in the agricultural sector which makes up 25 per cent of Kenya’s GDP (gross domestic product).

    “We have kept our fiscal deficit at manageable level vis-a-vis our GDP and shall continue to do so,” he said.

    ”The fact that we have managed two presidential elections in a span of two months goes to illustrate the resilient nature of our economy. All economic fundamentals are solid and Kenya is moving on.”

    Read: NASA Asks Supporters To Boycott Brookside, Safaricom, Bidco Products

    This follows a call by the opposition for Kenyans to boycott products from Brookside Dairies, Safaricom, and Bidco.

    The CS rubbished the move by the National Super Alliance (NASA) coalition and termed it a ‘backward way of doing things in a growing economy.’

    Rotich maintained that the government is monitoring the situation but insists it will not have that big of an effect on the economy.

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