Nairobi City County Budget Review And Outlook 2020

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Publisher Council of Governors (CoG)
Year of Publication 2020
County Nairobi

...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 2019/2020budgetwas 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.

Tags nairobi, city, county, budget, review, and, outlook, 2020, Nairobi City County Budget Review And Outlook 2020, Nairobi County CBROP 2020, Public Finance


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