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Publisher Council of Governors (CoG)
Year of Publication 2021
County Kwale

This 2021 County Fiscal Strategy Paper (CFSP) is prepared at a time when the world isexperiencing unprecedented hard economic times arising out of the Covid-19 pandemic. Thepandemic resulted in imposition of containment measures to curtail its spread. These measureshave disrupted businesses, economic activities and livelihoods. The global economy is projectedto have contracted by 4.4 percent in 2020.Kenya has had its share of the negative impact of the pandemic. Since the confirmation of itsfirst covid-19 case in 13th March 2020, the Kenyan government instituted stringent measures tocurb the spread of the disease. These measures have adversely affected businesses and economicactivities. The economy was hard hit significantly with the growth projected at an all low level of0.6 percent in 2020. This was largely due to the significant contractions in the services andindustry subsectors.On the local scene, the county economy was also hard hit by the pandemic. There was loss ofman hours and thereby incomes in the arts, entertainment and recreation, accommodation andfood services sectors. Similarly there were losses in the transport, education, manufacturing,construction and real estate sectors. The loss of jobs, loss of productivity and output resulted inin a downturn of the county economy.To help resuscitate the Kenyan economy, a number of policy measures were introduced underthe Economic stimulus package. These together with the reopening of the economy triggered animprovement in economic activities albeit at a weak and slow pace. Going forward, the NationalGovernment will continue the implementation of policies whose focus will be to provide anenabling environment for economic recovery to safeguard livelihoods, jobs, businesses andindustrial growth. More specifically, the Government will strengthen implementation ofprogrammes and measures that will ensure a more inclusive growth, faster macroeconomicstability and avail liquidity to the private sector including initiating innovative products to boostcredit to Micro, Small and Medium Enterprise (MSMEs).On the local scene, Kwale County urgently responded to the social and economic effects of theCovid-19 pandemic in order to recover and regain an upward growth trajectory. The CountyGovernment in its Post Covid-19 Reengineering & Economic Recovery Strategy will pursuemeasures in six (6) pillars: boosting private sector activities; policy, legislation and institutionalreforms; strengthening county governments preparedness and response to pandemic anddisasters; enhancing ICT cap

Tags kwale, county, treasury, medium, term, 2021, county, fiscal, strategy, paper, kwale-county-treasury-medium-term-2021-county-fiscal-strategy-paper, Public Finance


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