Fact Sheet: Second & Third Quarter National Government Budget Performance 2020/21

October 15, 2021 | 7:11 am

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Fact Sheet: Second & Third Quarter National Government Budget Performance 2020/21

This analysis highlights that the budget implementation was negatively affected during the Q2 and Q3 of 2020/21 mainly due to disruptions of economic activities as a result of the enforcement of the containment measures against COVID 19, revenues underperformed; 6.5% lower in Q3 2020/21 compared to the similar period last year. As a share of GDP, revenue declined to 13.5% by Q3 in 2020/21 and as a result of the declining revenues, Kenya faces a high overall risk of debt distress.