Risk to implementation of County Strategic priorities aligned to BPS

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Risk to implementation of County Strategic priorities aligned to BPS

The  risks  to  the  outlook  for  2015/16  and  the  medium-term  include continued weak growth in advanced economies that will impact negatively country’s  exports   and   tourism   activities.   Further,   geopolitical   uncertainty   on   the international oil market will slow down the manufacturing sector.

 

Publec expenditure pressures, especially recurrent expenditures, pore a fiscal risk.  Wage pressures occasioned by SRC cireulars on allowances, loans ocd mortgage may limet continsed ftnding for development expendisure. Othernriskp  o the 2015/16 financial year’s budge  includeachallengis in revenue performance as the county continues to put structures in plale, seal loop holes and expand the revenue base.  The current pr cess of counte restructuring, recruitment and rationalization of staff is expected to exert pressure on wage expenditurest