Analysis Of The Relationship Between Expenditure On Oil Imports And Public Spending On Selected Social Services In Kenya

85 pages ID: BFN2331

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DepartmentBanking and Finance
TypeProject
Pages85
Reference StyleYES
FormatMS Word & PDF
Reference No.BFN2331

Abstract

Since independence, oil imports in Kenya have been rising mainly to sustain the nascent transport, manufacturing, energy, agriculture and maritime sectors among other uses in the country. The growth in the country’s oil import bill has however been closely related to public spending in the health and education sectors which experienced shocks owing to the growth in expenditures apportioned to the rising volume of oil imports. Given the significance of the social pillar of the Kenya Vision 2030 and the inconsistency in the progress towards achieving the Sustainable Development Goals, which is i…

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