NAIROBI, Feb. 11 (Xinhua) -- Kenya's business leaders are optimistic about the country's economic prospects in 2025, citing favorable weather conditions and stable global macroeconomic trends, according to a survey released Tuesday by the Central Bank of Kenya (CBK) in the capital of Nairobi.

The optimism is further fueled by a stable shilling, trading at an average of 129 against the U.S. dollar, and low inflation, which stood at 3.3 percent in January.

"Respondents reported improved growth prospects for the global economy in the next 12 months, supported by declining interest rates and low inflation. However, concerns around geopolitical tensions and uncertainty on the impact of tariffs on trade remain," the apex bank said in the survey.

Domestically, the agricultural sector is expected to record strong growth, driven by favorable weather conditions and increased demand for agricultural exports, particularly in the European Union.

Meanwhile, the manufacturing sector is also projected to perform better, supported by stable energy prices, a steady exchange rate, and declining interest rates, the CBK noted.

The International Monetary Fund has projected that Kenya's economy will grow by 5 percent in 2025, while the country's National Treasury expects a growth rate of 5.5 percent.

The survey targeted chief executive officers from over 1,000 companies across key sectors, including manufacturing, agriculture, financial services, mining and energy, health, real estate, transportation, and tourism. Enditem

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