dc.description.abstract | The Financial Year 2019/2020 was a unique year, characterized by tough health challenges
due to the Covid-19 pandemic, which in turn led to diminishing fortunes economically. The
content of this BROP is evident enough that the consequence of the pandemic had far
reaching impacts, not only to the household level where individuals suffered economically
for basic needs, but also to the county government which could not meet its revenue targets
and also implementation of the budget. Nairobi County Economy operates within the global
and domestic economy, thus the effect of the pandemic is foreseen to hinder us in the
medium term.
The second phase of the implementation of the FY 2019/2020 budget was not successful as
envisaged, and achievement of county development targets was largely hampered. Revenue
targets fell short in the financial year with only Ksh. 20.69 of the Ksh. 34.24 being actualized.
Own source revenue remained the key contributor to this shortfall, achieving only 49.7% of
the target. | en |