Publisher | Council of Governors (CoG) |
Year of Publication | 2021 |
Category | |
County | Uasin Gishu |
Description | County Fiscal Strategy Paper (CFSP)2021is a County government policy document that sets out the broad strategic priorities and policy goals that guide the government in preparing its budget for the financial year 2021/2022 and over the medium term. The application of fiscal responsibility principles in the document reflects prudent and transparent management of public resources in line with the Constitution of Kenya (CoK)and the Public Finance Management (PFM) Act, 2012.The CFSP 2021has been prepared pursuant to Section 117 of the PFM Act 2012 which requires the County Treasury to prepare and submit CFSP to the County Executive Committee for approval before submitting the approved CFSP to the County Assembly by 28thFebruary of each year. The paper has been aligned with the national objectives as captured in the Budget Policy Statement, with application of fiscal responsibility principles as required by section 107 of PFM Act 2012.The CFSP 2021has been prepared within the context of a contracting Kenyan economy as a result of adverse effects of the outbreak and rapid spread of Covid-19 and containment measures, which have disrupted lives and livelihoods, businesses and economic activities. It therefore seeks to urgently address the immediate socio-economic challenges that the county has been exposed to as a result of Covid-19 pandemic.The contraction in the growth of the Kenyan economy and the slowdown in business and economic activities affected fiscal performance both at the national and county levels, thus affecting services delivery. In 2021/2022 financial year and over the medium term therefore, the focus of the government will be the Strategy for Socio-Economic Consolidation and Recovery. The Strategy will be supported by the expected recovery in economic growth in Kenya in 2021 and positive growth prospects over the medium term supported by stable macroeconomic environment and expected favorable weather conditions to support agricultural production, value addition, exports and imports, and leverage on stable commodity prices and access to credit for investment and employment creation.The County will pursue broad priorities and policies towards realization of the Countys main transformations and outcomes, by prioritizing thus: Quality social services targeting strengthening health care system and access to education;Investing in agricultural production and food security;Investing in infrastructure development in roads, water and ICT; Investing in cooperatives and enterprise development; Creating a secure and conducive business environment. Other important areas that the government will also appropriate resources include land banking for public utility and investment; strengthened land administration and management; physical planning services for coordinated development; trade development; sports development and social protection; and partnerships in housing and solid waste management. The development transformations and outcomes envisaged in the CFSP 2021 are aligned to the national development objectives. The County government will entrench good governance and structural reforms to improve service delivery.The County government will enhance fiscal performance in FY 2021/2022and over the medium term by strengthening efforts to improve local revenue performance,while pursuing expenditure productivity in the face of limited resource base. The County will also implement policies, programmes and projects aimed at enhancing participation of the youth, women and PWDs in the socio-economic development of the County. ... |
Tags | county, government, uasin, gishu, fiscal, strategy, paper, cfsp, 2021, CoG Of Uasin Gishu Fiscal Strategy Paper 2021, Uasin Gishu County Fiscal Strategy Paper 2021, Uasin Gishu CFSP 2021, Public Finance |
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