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Publisher Council of Governors (CoG)
Year of Publication 2021
County Baringo

...One of the key stages in the County budget preparation cycle is the production of the County Fiscal Strategy Paper (CFSP). It sets out the county policy goals and strategic priorities that will be the basis for formulation of the Countys Financial Year 2021/2022budget and the Medium-Term projections. This is an annual planning document that shows the various fiscal strategies that the County Government of Baringo intends to employ to meet its overall objective of improving the livelihoods of its citizens.The County priorities and goals outlined herein is drawn from the County Integrated Development Plan as enunciated in the 2021/2022 Annual Development Plan with emphasis on investment in: roads and infrastructure, accessibility of water for livestock and domestic purposes, accessible health care, education, invest or promotion and business confidence necessary to encourage investment, growth and employment creation. These priorities shall form the basis for formulation of FY 2021/2022budget and the Medium Term. The paper therefore links county planning and policies to Budget which is the main objective of the Medium-Term Expenditure Framework.The policy outlined in this CFSP draws from the national development agenda as outlined in the Third Medium Term Plan (MTP III) of the Vision 2030 and targets to attain the Sustainable Development Goals (SDGs) of the United Nations. The policy supports investments in The Big Four Plan,that is: manufacturing for job creation; food and nutrition security; and Universal Health Coverage. As a build-up on the County Budget Review and Outlook Paper (CBROP) 2020, which analyzed the performance in the FY 2019/2020financial years budget, scanned the current years fiscal environment and provided an outlook for the FY2021/2022and the medium term, this CFSP shows the allocation of resources in all sectors and departments.The main sources of county revenue, in the medium term, will be the equitable share, conditional grants, local revenue collections and donor funding. In the FY2020/2021and the medium term, the County Government proposes a series of measures to increase revenue and balance its fiscal spending. The County will focus on strengthening the potential it is endowed with and increase new streams of revenue to stimulate economic growth and development. This paper, therefore, puts into perspective how the County anticipates expending its scarce resources in the FY 2021/2022and the medium term

Tags baringo, county, government, Baringo County Government CFSP 2021, Public Finance


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