|Publisher||Council of Governors (CoG)|
|Year of Publication||2015|
Since the dawn of devolution, just under two years ago, the Nyandarua County government hasfinanced a massive expansion of services to all citizens of the County, with a particular focus on thepoor who are largely engaged in the agricultural sector. We have done so in a sustainable way,ensuring that our public finances remained healthy so that we could continue doing our part in buildingthe society envisioned in the Kenya vision 2030.The 2015 Medium Term Budget Policy Statement provides a roadmap to safeguard the county publicfinances. Since the three- year moratorium on county debt is still in force, the county governmentproposes a fiscal package that balances the expenditure ceiling with increased tax revenue over thenext two years. This will ensure that there is no budget deficit for the county.Continued fiscal consolidation will secure the county public finances on a sustainable footing but wewill also approach budgeting for the next financial year with a greater focus on long-term expenditureplanning and alignment with the national governments policy objectives.In considering these proposals, we must emphasize that containing expenditure growth will notcompromise front-line services. Key social programmes will be protected and the county governmentwill continue to roll out its capital investment programme especially in the roads sector as well asconstruction of county buildings to bring services closer to the people.I would like to thank the Governor and all of my Cabinet colleagues for their contributions to shapingthe proposals before us, as well as the input from the public in the county budget and economic forum,which has brought tremendous insight into the process. I would also like to acknowledge the officialsof the National Treasury, who are working with their colleagues across the national government toensure that our public finances remain sound.Finally, I would like to express my gratitude to all those who have and continue to participate in thisyears budget process including County Assembly Members, the private sector, civil society anddevelopment partners who at various stages provided valuable comments.
|Tags||nyandarua, county, fiscal, strategy, paper, 2015, nyandarua-county-fiscal-strategy-paper-2015, Public Finance|