|Publisher||Council of Governors (CoG)|
|Year of Publication||2020|
This is the sixth Fiscal Strategy Paper since the operationalization of the CountyGovernments. It sets out county policy goals and strategic priorities that will be thebasis for formulation of Countys Financial Year 2020/21 budget over the MediumTerm. The Paper 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 2020/21 budget. The paper therefore links county planning and budgeting whichis the main objective of the Medium Term Expenditure Framework.The paper covers the following broad areas: recent economic developments and theeconomic outlook; fiscal performance of FY 2018/19 and half year of FY 2019/20;highlights of the; broad strategic priorities and policies for the Medium Term and theMedium 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, fy, 2020, 2021, embu-county-fiscal-strategy-paper-fy-2020-2021, Public Finance|