Destination Point Kenya

Financing of Capital Formation  
  
Capital formation is financed by domestic savings, grants and net borrowing from abroad. In 2008, the economy was able to finance capital formation from grants and domestic savings alone. Grants from abroad recorded a growth of 37.8 per cent. The impact has been stimulated by grants that are being channeled to [...]

Producer 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 [...]