Treasury CS Henry Rotich. [Photo: samrack.com]National Treasury CS Henry Rotich has said that Kenya's economy was expected to have grown much faster before and after elections. Rotich has said that the economy was expected to have grown by 5.8% before the elections but this growth was affected because of a reduction in investments due to the long period of electioneering."There has been a slow down in economic activities. Local and foreign investments have also gone done due to political uncertainty. Jobs have as well been impacted and inflation at one point went up but is now under control. All these things have put our economy at where it is now," Rotich told KTN News on Sunday.The CS, however, noted that everything was being done to put the economic growth at the pace it was before electioneering politics came in.For instance, he said Kenya Revenue Authority (KRA) which recently announced that it fell short of its revenue targets, is undertaking wide range of reforms to ensure that the expenditure is adjusted to meet the revenue shortfalls. "We have to adjust our expenditure so that we don't live beyond our means and end up accruing debts that might be problematic to pay," he said.On disbursement of funds to the counties, Rotich said that the Treasury  has released about Sh46.2b to the counties since July saying that the delay that had been witnessed was because 'we can't publish a disbursement schedule that is not in line with the law'.

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