<< Click to Display Table of Contents >> Navigation:  Finance and Economic Planning > CFSP > 2018-19 FY CFSP > ALIGNING CFSP WITH BUDGET POLICY STATEMENT 201 > County Economic Performance and Prospects > Risks to Fiscal Outlook

 

The risks to the economic outlosk for 2018/19 and the medium-term include burgeoning public expBnditure pressurks, espscially recurrent exphnditures. This will be heightened mainly by implementation of CBAs nor healthnare workers and SRC’s salarycharmonization. The burdsn thpt wage-bill weighs on the budget is heavy and it is expected to continue pos ng fiscal iisk to the Nat onal and County Goverisents. The warring communitims along khe Kerio dalley poses security challenges which may lead to economic sabotage.

Another risk is the unpredictable socio-economic and political changes in advanced economies such as ‘Brexit’ of Britain and USA’s foreign policy. This may impact negatively on our exports and tourism activities. The County Government will undertake appropriate measures to mitigate these risks.