...The Medium-Term Debt Management Strategy (MTDS) proved the strategies the County government has put in place to handle and manage its debts. Section 140 of the PFM, Act 2012 authorizes a County Executive Committee Member for finance to borrow on behalf of the County Government only if the terms and conditions for the loan are set out in writing and are in accordance to Article 212 of the Constitution and Sections 58 and 142 of the PFM, Act 2012 among other conditions. The National Treasury has developed guidelines for Country domestic and external borrowing to guide engagement between the GOK and development partners, Counties and National Government to ensure proper coordination not only in the area of loans but also grants and on other forms of aid

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