The overall inflation in Kenya in the fourth quarter of 2020 averaged 5.31 per cent compared to 5.44 per cent in the same quarter in 2019. [...] The exchequer allocation for development expenditure to the Ministry of Health as a percentage of total issues to Ministries, Departments and Agencies (MDAs) increased from a quarterly average of 4.45 per cent in quarter four of 2019 to 18.66 per cent in quarter four of 2020. [...] The recurrent allocation of the sector as a percentage of total issues also increased to 5.71 per cent in quarter four of 2020 from 3.60 per cent of the corresponding quarter in 2019. [...] In the fourth quarter of 2020, the proportion of domestic debt held in treasury bonds rose to 72.92 per cent from 65.81 per cent in a similar quarter in 2019, while debt held in treasury bills declined to 24.91 per cent in quarter four of 2020 from 31.20 per cent in the corresponding quarter in 2019. [...] The 10-year Kenya Eurobond (2024) yield continued to decline in the fourth quarter of 2020 and this is occasioned by volatility and doubt in the international markets in the light of escalating COVID-19 confirmed cases.
- Pages
- 33
- Published in
- Nairobi, Kenya
