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Economic growth expected in 2000

    NAIROBI

    Following a year of economic “quasi-stagnation” in 1999, the government has forecast growth this year as a result of favourable oil prospects, the expected full resumption of railway traffic and the normalisation of the political situation in the country, the Panafrican News Agency (PANA) said on Thursday. It quoted a statement from the national credit committee as saying the growth rate in real terms would be 6.5 percent, while real income per capita would increase by 3.9 percent.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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