Publisher | Council of Governors (CoG) |
Year of Publication | 2019 |
Category | |
County | Tana River |
Description | The 2019 County Budget Review and Outlook Paper (CBROP) was prepared by the County Treasury,it provides a review of the fiscal performance implemented by the County Government of Tana Riverduring the Financial Year 2018/2019. We have carried out comparisons of the budget appropriations inthe same year and provide insight on recent economic developments and the updated economic andfinancial forecast along with information to show changes from the forecast in the County FiscalStrategy Paper (CFSP) of 2018.The County Treasury continues to enforce the fiscal responsibility principles in accordance with theConstitution, and the Public Finance Management (PFM) Act, 2012, (Section 107).The County Governments recurrent and development expenditures remained within the legalthresholds as per the PFMA, 2012. However, recurrent related expenses like the rising wage billwithout commensurate service delivery poses a major challenge to the Countys development agenda.In addition, the countys growth and development agenda will largely depend on how well theprogramme-based budget is implemented as well as how fast people and business get to full capacityand produce and sell at optimum levels. |
Tags | tana, river, cbrop, TANA RIVER COUNTY BUDGET REVIEW AND PAPER OUTLOOK 2019, 2019 TANA RIVER CBROP, Public Finance |
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