Kwale County Fiscal Strategy Paper 2021/2022

Abstract

This 2021 County Fiscal Strategy Paper (CFSP) is prepared at a time when the world is experiencing unprecedented hard economic times arising out of the Covid-19 pandemic. The pandemic resulted in imposition of containment measures to curtail its spread. These measures have disrupted businesses, economic activities and livelihoods. The global economy is projected to have contracted by 4.4 percent in 2020. Kenya has had its share of the negative impact of the pandemic. Since the confirmation of its first covid-19 case in 13th March 2020, the Kenyan government instituted stringent measures to curb the spread of the disease. These measures have adversely affected businesses and economic activities. The economy was hard hit significantly with the growth projected at an all low level of 0.6 percent in 2020. This was largely due to the significant contractions in the services and industry subsectors.