Budget Iimplementation Review Report Fourth Quarter 2012/2013

Publisher	Controller of Budget, Kenya
Year of Publication	2013
Category	Report
County	All/General
Description	One of the functions of the Office of the Controller of Budget (OCOB) as stipulated in the Constitution (Article 228(4), is to oversee the implementation of the budgets of both national and county governments. The current report has been prepared at a time when the government is experiencing a number of challenges in budget implementation including the competing needs for resources. The report which covers the period ending June 2013 assesses the macroeconomic environment against which the budget is implemented, the fiscal responsibility of MDAs, challenges facing budget execution in Kenya and the main recommendations to overcome the challenges and improve budget implementation. The FY 2012/13 was relatively tough for Kenyas economy especially the fourth quarter on account of anxiety associated with electioneering period. The new government took office at a time when Kenyans are optimistic for improved service delivery as well as transparency and accountability in administration of public funds at both national and county level.
Tags	Public Finance
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