WANJUKI NJIRU NGUGI
Effect Of Public Debt On Economic Growth In Kenya
Kenya as a Country has not attained a continuous economic growth duration for a long period of time. The Kenyan growth rate has been fluctuating from 1960s with more economic growth rates being noticed in 1960s and beginning 1970 before economic performance started declining in the mid-1970.Between 1974 and 1993, real GDP started reducing since the bilateral and multilateral aid was cut due to mismanagement of resources and shrinking of agricultural production (Osewe, 2013).