|Publisher||Council of Governors (CoG)|
|Year of Publication||2018|
...This CountyFiscal Strategy Paper (CFSP)2018sets out the County Executive's priority programsand sub programmesto be implemented under the Medium Term Expenditure Framework (MTEF). As provided by legislation,the CFSP takes into account national policies and priorities as espoused by the nationalBudget Policy Statement (BPS).The 2018 Budget Policy Statement (BPS), sets out priority programs and reforms to be implemented over the next five years (2018 2022). The programs and policies herein reflect the concerns of Kenyans and are anchored underthe Medium Term Plan III of the Kenya Vision 2030. These priority programs will build on the achievements realized under the Economic Transformation Agenda, which has been under implementation since 2014.The expenditure priorities in the sector ceilings in this BPS have been realigned to The Big Four Plan. In this regard, the targeted expenditures will prioritize employment creation, youth empowerment, supporting manufacturing activities, enhancing health coverage, improving food security and enhancing living conditions through affordable housing. The allocations to other critical sectors such as education, infrastructure, energy and social protection will remain protected so as to achieve the targeted objectives.The ongoing prudent expenditure management and implementation of savings measures continue to improve the county governments fiscal position.The government continues to demonstrate its ability to control spending on operations and maintenance and the development of infrastructure continues to impact the budget. The CFSP provides that the government county priorities should be built on the national priorities, which addresses the challenges hindering the County from achieving its full potential. The county priorities will endeavor to accelerate growth of the countys economy and the standard of living of the citizens.
|Tags||county, government, bomet, Bomet County Fiscal Strategy Paper 2018-2019, Public Finance|