Isiolo County Budget Review and Outlook Paper 2021
View/ Open
Publication Date
2021Author
County Government of Isiolo
Type
BudgetItem Usage Stats
195
views
views
124
downloads
downloads
Metadata
Show full item recordBy
County Government of Isiolo
Abstract/ Overview
The 2021 County Budget Review and Outlook Paper (CBROP) has been prepared against a background of expected global recovery after a slump in 2020 occasioned by the negative effects of the COVID-19 pandemic. The global economy is projected to grow by 6.0 percent in 2021, from a contraction of 3.2 percent in 2020. However, economic prospects vary across countries with the emerging markets and developing economies expected to pick up slowly compared to the advanced economies given different country policy responses to the pandemic. The projected recovery in advanced economies reflects the anticipated additional fiscal support in the second half of 2021 and broader vaccinations coverage across the group