The global economic growth is set to remain strong and resilient in 2018.
According to a report released by the International Monetary Fund (IMF), the economy is expected to grow at 3.9 percent in 2018 from 3.7 percent in 2017.
According to the report, the growth will be aided by the continuous growth in the United States of America (USA), India and Africa.
The major risk that might slow down the growth in the trading wars between USA and China which might spill over to other countries.
Currently, China and the United States on a charm offensive mission to win most of the African countries to their side due to limited resources in their own countries.
In March 2018, the US Fed raised the Federal Funds Rate to range between 1.50 percent to 1.75 percent from 1.25 percent to 1.50 percent due to strong economic growth projections in the United States of America.
The Federal Funds Rate has often determined how various banks in Kenya have operated in terms of setting their own lending rates.
According to the projections, India is expected to grow the highest at 7.4 percent followed by China at 6.6 percent.
The Middle East and the North Africa regions are expected to grow at 3.6 percent with the Sub Saharan region coming in closely at 3.3 percent.
The United States of America is expected to grow at 2.7 percent while the Eurozone area is expected to hit 2.2 percent economic growth.
Brazilians have something to smile as their economy is expected to grow at 1.9 percent while that of the United Kingdom is expected to stop at 1.5 percent.
Japan is expected to grow at 1.2 percent while South Africa is expected to grow at 0.9 percent.
On average, the global economic growth is expected to grow at the rate of 3.9 percent from 3.7 percent in 2017.
The world has also experienced increasing prices of crude oil, forcing countries that have been importing finished products such as Kenya to feel the hit.
With the Sub Saharan region projected to grow at 3.3 percent in 2018, time will tell whether Kenya will be among the countries whose economies with rising.