|Publisher||Council of Governors (CoG)|
|Year of Publication||2018|
This Fiscal Strategy Paper, the fifth since the operationalization of the CountyGovernments, sets out county policy goals and strategic priorities that will be the basisfor formulation of Countys Financial Year 2018/19 budget and the Medium Term. ThePaper is prepared in accordance with the Public Finance Management Act, 2012.The County priorities and goals outlined herein are based on the County IntegratedDevelopment Plan with emphasis on investment in: food security, Infrastructuredevelopment, domestic water connectivity, accessibility to affordable health care and earlychildhood development education. These priorities shall form the basis for formulationof FY 2018/19 budget and the Medium Term. The paper therefore links county planningand policies to Budget which is the main objective of the Medium Term ExpenditureFramework.The paper covers the following broad areas in review of the fiscal performance offinancial the half year 2017/2018; highlights of the recent economic developments andthe economic outlook; broad strategic priorities and policies for the Medium Term andthe Medium Term Fiscal Framework.The fiscal framework presented in the paper ensures a sustainable financing whileallowing continued spending on priority programmes. Achievement of the set objectivescalls for greater transparency, effectiveness and efficiency in public financial managementin order to ensure fiscal discipline.
|Tags||embu, county, fiscal, strategy, paper, embu-county-fiscal-strategy-paper-2018, Public Finance|