Publisher | Council of Governors (CoG) |
Year of Publication | 2017 |
Category | |
County | Baringo |
Description | ...TheCountyFiscalStrategyPaper (CFSP)for 2017/18 financial yearisdeveloped inaccordance with the requirements of the Public Finance Management (PFM)Act2012;Section117.This fiscalstrategypaperisframed againstabroadfiscalpolicyandreformmeasuresunderpinningthebudgetfortheyear2017/18.I t outlines expenditures on priority programmes and allocation of resources as per CIDP (2013-2017), ADP 2017/18and Sector plans.The fiscal strategy paper takes cognizance oftherealityofscarceresourceandthefactthatthereis need to invest on high impact programmes within a framework of sustainable fiscal stance.From the time devolution begun, the county government has financed a massive number projects andimprovement of services to her citizens, with a particular focus on the poor population who are largely engaged in the agricultural sector. We have done so in a sustainable way, ensuring that public finances remained healthy as we continue doing our part in building the society envisioned in the Sustainable Development Goals (SDGs), the Kenya Vision 2030, County CIDP(2013-2017)and Sector Plans.The 2017Medium Term Budget Policy Statement provides a roadmap to safeguard the county public finances. The county has ensured that fiscal principles is adhered to and that budgeting for the next financial year greatly focuses on ongoing programmes and projects as the first priority as well as embarking on long-term expenditure planning and alignment with the national governments policy objectives.In considering these proposals, we must emphasize that containing expenditure growth will not compromise front-line services. Key social programmes will be protected and the county government will continue to roll out its capital investment programme especially in infrastructure development towards provision of clean water;and expansion and upgrading of road network to remain competitive in doing business and communication. The infrastructure is a lifeline and a key economic enabler.In this regard, a comprehensive program on water supplies and harvesting as well as road infrastructure will be rolled out in the fiscal year as spelt in the Governors manifesto |
Tags | baringo, county, Baringo County Fiscal Strategy Paper 2017-2018, Public Finance |
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