Nyeri County Budget Review and Outlook Paper 2019

Abstract

The Nyeri County Budget Review Outlook Paper (CBROP) is developed at a time when the national economic growth has remained strong and resilient despite the emerging global challenges. This has been supported by ongoing public and private sector investments and stable macroeconomic environment. Nationally, the economy expanded by 6.3 percent in 2018 up from the 4.9 percent registered in 2017 and the momentum continued in the first quarter of 2019. It is expected that this growth momentum will continue culminating to a growth of 6.0 percent in 2019 underpinned by the resilient services sector, positive business sentiments, even as programmed activities under the “Big Four” Plan gain traction. The CBROP, 2019, provides information on recent economic and financial projections with adequate information that will guide the development of the budget proposals for the coming fiscal year. Further, it analyses the previous year's performance, while giving the anticipated scenarios for the coming financial year.