TAITA TAVETA MEDIUM TERM COUNTY DEBT MANAGEMENT STRATEGY PAPER

It appears you do not have PDF support in this web browser. Click here to download the document.

Publisher Council of Governors (CoG)
Year of Publication 2018
Category
County Taita-Taveta
Description

The 2018 Debt Management Strategy (DMS) has been prepared in accordance with thePublic Finance Management Act 2012 section 123 (1). It is provided that the CountyTreasury shall submit to the County Assembly a statement setting out the Debt ManagementStrategy of the County Government over the medium term clearly showing its actual liabilityin respect of loans and its plan for dealing with those liabilities.The Strategy provides guidance to the County Government on the amount and type ofborrowing to undertake over the medium term. It also evaluates the costs and risks of variousdebt management strategies and provides recommendations on optimal strategy forimplementation.The strategy further outlines priorities that will assist in the financial risk reduction. TheCounty Government recognizes the need for prudence in debt management so as to avoidunwarranted financial risks that emanates from poor debt management strategies. TheCounty is employing significant efforts and resources to ensure improvement in the debtmanagement as well as enhancing capacity of assessing risks.The Taita Taveta County Governments debt will only realize sustainability if a prudent debtmanagement and borrowing policy is adopted by the County Government.

Tags taita, taveta, medium, term, county, debt, management, strategy, paper, taita-taveta-medium-term-county-debt-management-strategy-paper, Public Finance

Download

Social Media

loading...

Partners

Get In Touch

Kaya I/O,
Statehouse Road
Hillcrest Building, Next to Philippines Embassy
P.O. Box 76203 – 00508 Nairobi, Kenya

Social Media

loading...
loading...
Sign up with your email to get updates on data resources uploaded.