Kwale County Annual Development Plan 2023/2024

Abstract

This CADP 2023-2024 is prepared against the backdrop of the Ukraine-Russian war which has adversely affected the Kenya’s economy. Kenya’s real gross domestic product(GDP) has dropped from a growth rate of 7.5 per cent in 2021 to about 5.5 percent in 2022.The war in Ukraine has caused disruptions in value chains for critical inputs in the Kenya’s manufacturing and agricultural sectors. Decreased supplies of these inputs have led to increased prices for fuel and energy with spiral effect to food inflation as prices of common subsistence commodities including maize flour went higher. Coupled with this are the adverse effects to the Kenya’s limited export market, the exchange rate depreciation and the tightening of Global financial conditions which have increased external financing costs. The gains from the post COVID-19 recovery process seem to be watered down. This CADP is also prepared at a time when the country is reeling from the effects of the 9th August 2020 General Elections. The dismal performance of the economy will have an effect on the revenue collection in the country and the flow of funds to counties from the National Exchequer.