Posts Tagged ‘borrowing’
The Kenian Economy
Thursday, January 29, 2009 4:15 No CommentsIn the short term, Kenya’s growth prospects appear good in light of recovery efforts being carried out by the government. Global economic growth is projected to pick up in the year 2010 and slow down in 2011. Consequently, the demand for the country’s commodities might improve.
On the domestic scene, erratic and insufficient long rains in [...]
Government Services, Transport & Communications
Thursday, January 29, 2009 3:57 No CommentsProducer of Government Services
The slow down in government expenditure which grew by 7.5 per cent in 2008 compared to 18 per cent in 2007 was due to privatisation and retrenchment in order to create room for improved efficiency in the sector. Real growths were not visible as there were tight budgetary controls in government expenditure. Capital [...]