Explain five challenges encountered in national budget in Kenya.
Answer Text: -Increased population requires expanded budget-Factoring in donor aid which come with stringent conditions before disbursement of loans.-Reduced imports earning and high interest rates which has reduced net capital flow.-Outbreak of drought and famine which has affected the economy.-Inadequate resources to raise revenue from which to plan the government expenditure.-Wide spread of poverty and increased unemployment-Misappropriation of funds where money is used for what is not intended for.-Lack of consistency on sound economic planning.
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