Nyeri County Fiscal Strategy Paper 2022

Abstract

The CFSP 2022, is prepared against a context of anticipated global recovery after a decline in 2020 and 2021 prompted by the negative effects of the COVID-19 pandemic which adversely affected the businesses and overall economic performance as well. The global economy was projected to grow by 5.9 percent in 2021, from a contraction of 3.1 percent in 2020. However, economic projections vary across the countries with the emerging markets and upcoming businesses expected to pick up slowly given different country policy responses to the pandemic