Kenya's budget implementation drops to 43 per cent, undermining projects

National Treasury Cabinet Secretary Henry Rotich

NAIROBI: Budget execution has nearly halved in the last three years undermining big infrastructure investments that Kenya is making, a World Bank report has revealed.

The 2014 Public Expenditure Review (PER) released Wednesday outlines five underlying fiscal challenges which require urgent attention in the country. It notes that although the budget outlay for infrastructure has increased, the execution has declined in the recent years, standing at 43 per cent in 2013/14 down from over 70 per cent in 2011/12.