Amos Kimunya, OOZING Again!!

http://english.aljazeera.net/NR/exeres/F052CF10-EF68-4639-8187-7B160D99B3F1.htm
QUOTE

As the political deadlock continues, Kenya’s finance minister says that the loss to the economy can be recovered within a year.

 Amos Kimunya told the Reuters news agency: “I expect whether it’s within the next couple of months or within a year … that people will be able to recoup all that.”

Kenya’s business community says the government is losing two billion shillings ($30.42m) worth of taxes daily due to the unrest.

There has been a gradual return to normality in east Africa’s biggest economy, with currency and stock markets reporting higher volumes as trade resumed in earnest this week.
 
The weekly tea auction, which also serves Burundi, Uganda, Tanzania and Mozambique among others, resumed on Monday, having been postponed for a week.

The central bank projects Kenya’s economy will grow by eight per cent in 2008, compared with government forecasts of between 6.9 and 7 per cent for 2007.

UNQUOTE

 - Sent by Lucia


About this entry