|Publisher||Council of Governors (CoG)|
|Year of Publication||2016|
This Budget Review and Outlook Paper (BROP) presents the fiscal performance of theCounty Government of Siaya for FY 2015/16 and how this affects the financial objectivesset out in the 2016/17 budget. The updated macroeconomic outlook therein also providesus with a basis to revise the 2016/17 budget in the context of the SupplementaryEstimates, as well as setting out the broad fiscal parameters for the next budget andmedium term.The 2015/16 FY had its fair share of challenges arising from the county operating on a50% budget for the larger part of the year. Despite these challenges, the overallperformance of the county was satisfactory. The lessons learnt will inform managerialdecisions aimed at improving the countys performance in the medium term. In order tobuild on the successes of the 2015/16 FY, the county will continue to invest on priorityareas as envisaged in the 2016/17 Fiscal Strategy Paper despite expenditure pressuresfrom other competing sectors.The County Government will ensure smooth running of the structures established underthe devolved system of government while maintaining fiscal discipline. More important,greater transparency and high quality management of public finances will be necessary toachieve the aspirations of the people.
|Tags||siaya, county, budget, review, and, outlook, paper, september, 2016, siaya-county-budget-review-and-outlook-paper-september-2016, Public Finance|