TY  - BOOK
AU  - Njiraini, John
AU  - Kathuri, Benson
TI  - Will budget spark new wave of price hikes?: options to jump start economy limited
PY  - 0000///Tuesday, June 22009///
CY  - Nairobi
PB  - The Standard Group
KW  - Budget -- Kenya
KW  - Economic Development -- Kenya
KW  - Economy -- Kenya
N2  - According to analysts, the current structure of the budget where 60% constitutes recurrent expenditure (government overheads) 20% development and 20% debts is the hallmark of a country not committed to growth.  For the country to grow, the government must direct 60% to the resources on development.  Interest rates are still high despite CBK reducing its rate by 25 basis points from 8.25% per cent to 8% recently.
ER  -