COUNTY GOVERNMENT OF THARAKA NITHI FISCAL STRATEGY PAPER FOR 2020 21

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Publisher Council of Governors (CoG)
Year of Publication 2020
Category
County Tharaka-Nithi
Description County Fiscal Strategy Paper, CFSP 2020outlines the broad strategic priorities and policy goals of County Government for implementation in financial year 2020/21and the Medium Term. Further, it sets out the priority programmes that the County Government is implementing in the Medium Term. The priority programmes seek to enhance sustainable development steered by economic transformation strategy that aims at spurring the economic growth of the county through (1) transforming agriculture for improved production and productivity (2) ensuring access to quality and affordable health services (3) providing efficient, affordable and reliable infrastructure and services for sustainable economic growth (4) promoting quality, inclusive, diverse, accessible education and promote cohesion (5) providing conducive environment and sustainable exploration and exploitation of natural resources (6) creating conducive business and tourism environment (7) attaining efficient, equitable and sustainable use of land resource, spatial planning and development of urban areas (8) ensuring provision of efficient and effective public service delivery and (9) strengthening the democratic arena and fostering good governance. The expenditure policy framework in the medium term aims at ensuring efficiency and effectiveness in the implementation of our development policies. As outlined in the previous CFSP 2019, this paper is part of efforts by County Treasury to link policy and planning with budgeting by embracing reforms in the expenditure and financial management and containing growth of non-priority expenditures in order to create fiscal space for financing priority policy areas such as the healthcare, agriculture and physical infrastructure, which are key to sustainable economic growth and ultimate development.As a result, significant progress will be realized in terms of linking policies, planning and budgeting and shifting budgetary resources to priority areas, though the process continues to face some challenges. The County Government will continue to address emerging issues, which include: (i) redesigning programmes and projects to eliminate redundancies; (ii) strengthening links between recurrent and development expenditures; and (iii) increasing funding to decentralized and lower units, with a view to improving the linkage between expenditure and results.In line with the need to achieve these countys objectives, the CFSP 2020draws priorities from the MTP III of Vision 2030, Governors manifesto, CIDP 2018-2022, ADP 2020/21and departmental strategic plans. Therefore, this County Fiscal Strategy Paper focuses on: (i) Poverty eradicating expenditures in support of CIDP priorities, (ii) increasing capital expenditure by optimizing recurrent expenditure, and (iii) investing in public finance management reforms in areas such as public expenditure management, accountability, governance and transparency providing a conducive environment for private sector investment.

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Tags county, government, tharaka, nithi, fiscal, strategy, paper, for, 2020, 21, CoG of Tharaka Nithi County Fiscal strategy Paper 2020-21, Tharaka Nithi Fiscal Strategy paper 2020-21, Tharaka Nithi CFSP 2020-21, Public Finance

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