|Publisher||Council of Governors (CoG)|
|Year of Publication||2021|
...This County Fiscal Strategy Paper (CFSP) 2021 is prepared against a backdrop of a contracting global economy occasioned by the negative effect of the Covid-19 Pandemic. The Pandemic and the ensuing containment measures have devastated global economies disrupting businesses and livelihoods.The Paper specifies the strategic priorities and policy goals that will guide the County government in preparing its budget for FY 2021/2022. It outlines the current state of the County in terms of budget implementation, provides fiscal outlook over the medium term and specifies the set strategic priorities and policy goals together with a summary of the County government spending plans, as a basis for the FY 2021/22 budget.With the prevailing unfavorable macroeconomic conditions which have adversely affected revenue performance at both national and county level,we have to critically review our existing programmes and policies to ensure that they are not only consistent with our development agenda but also informed by emerging realities brought about by the emergence of Covid-19 Pandemic.All County Government Departments and entities are advised to curtail growth of recurrent budgets especially budget items under the category referred to as use of goods and services; ensure completion of ongoing projects with particular emphasis placed on projects nearing completion to ensure that citizens benefit from such public investments.The Fiscal Framework hereby presented provides the means for the County to strengthen devolution for a transformative and shared prosperity in Vihiga County. Attainment of the set programs calls for greater transparency, effectiveness and efficiency in public financial management. In order to ensure fiscal discipline and safeguard macroeconomic stability, the County Government will continue to prudently manage use of public resources over the2021/22-2023/24 Medium Term Expenditure Framework (MTEF).
|Tags||vihiga, county, fiscal, strategy, paper, cfsp, 2021, Vihiga County CFSP 2021, Counth Government of Vihiga Fiscal Strategy Paper 2021, Vihiga County Fiscal Strategy Paper 2021, Public Finance|