Kwale County Budget Review and Outlook Paper 2017

Abstract

The Kenyan economy registered an estimated growth rate of 5.8 percent in 2016 compared to a revised growth of 5.7 percent in 2015. Although there was marked improvement in growth of most sectors there was deceleration in growth in the key sectors of agriculture, energy, mining and quarrying, financial and insurance services. Agriculture which is the main stay of our economy was affected by the prolonged drought in the fourth quarter of 2016. Macroeconomic indicators had mixed performance though remained fairly stable. Performance of the county economy which is highly influenced by the macroeconomic factors in the Kenyan economy was subdued. Agricultural production in particular was affected by the prolonged drought and other climate change effects resulting in famine and call for emergency services by the County Government.