World bank has termed this fluctuation as a result of floods, anti-government protests ,Revenue shortfalls resulted in additional spending cuts, and rising financing needs resulted in increased domestic borrowing,” .
“Debt vulnerabilities including elevated debt servicing costs, accumulated pending bills, and missing revenue targets remain key challenges,” the bank said in the Kenya Economic Update report.
Kenya’s growth will, however, inch up to 5.1% in the medium term, it said, if the government successfully deals with the fiscal challenges.