|Publisher||Council of Governors (CoG)|
|Year of Publication||2016|
The 2017 Fiscal Strategy Paper for West Pokot County sets out the administrations priorityprograms to be implemented in the Medium Term Expenditure Framework under the devolvedsystem of government. It has been prepared by the County Government as part of its efforts toensure effective linkage between policy, planning and budgeting .Its preparation has beeninformed by the priorities identified in the Second Medium Term Plan of Vision 2030, CountyIntegrated Development Plan, Sustainable Development Goals, the Annual Development Planand the National Budget Policy Statement. It provides an updated resource envelope of Kshs.5.13 Billion for the FY 2017/2018 County budget, presents a fiscal framework and ministerialceilings for the fiscal year and the medium term.The world economy is estimated to have grown by 3.2 per cent in 2015. Kenyas macroeconomicperformance remains broadly stable despite the global economic slowdown. Kenyas growthremains strong, supported by significant infrastructure investments, construction, mining, andlower energy prices and improvement in agricultural The Kenyan economy grew by 5.6 percentin 2015 compared to 5.3 percent growth in 2014. It is projected to expand further by 6.0 percentin 2016 and above 6.5 percent in the medium term supported by strong outputs in agriculturewith a stable weather outlook, continued recovery of tourism and completion of key publicprojects in roads, rail and energy generation. In addition, strong consumer demand and privatesector investment as well as stable macroeconomic environment will help reinforce this growth.The county government of West Pokot is committed to ensuring the success of devolution. Inthis regard, the need for continued fiscal discipline and prudent utilization of public resources isemphasized. This therefore calls for greater transparency and accountability in public financemanagement at the county level.The ministerial priorities for the 2017/2018 fiscal year and the medium term include investmentsin agriculture and irrigation to boost county food security, health, road infrastructure, education,water, strengthening business environment and support to Small and Micro enterprises to boostjob creation more specifically for the youth. Other sectors have also been given prominence dueto their contribution towards citizen socioeconomic transformation. Allocation of resources has ii | P a g ebeen premised on the county strategic priorities, non-discretionary expenditures and absorptioncapacity of departments.The unveiling of this fiscal strategy paper with a budget estimate of Ksh.5.403 Billion for thefiscal year 2017/2018 is a clear demonstration of our commitment to the realization of ourcounty vision of being the leading county in effective and efficient resource management,sustainable development and service delivery. I call upon all our stakeholders to continuesupporting us on the basis of mutual respect, cooperation and consultation.
|Tags||west, pokot, county, debt, managemnt, strategy, 2016 West Pokot CFSP, Public Finance|