|Publisher||Council of Governors (CoG)|
|Year of Publication||2020|
Section 117 of the public Finance Management Act, 2012 provides that the County Treasuryshall prepare and submit to the County Executive Committee (CEC) and the County Assemblythe County Fiscal Strategy Paper for approval by the 28th February of each year. This strategypaper articulates priority socioeconomic and fiscal policies and structural reforms as well assectoral expenditure programs to be implemented in the Fiscal Year 2020/2021 and the mediumterm. Specifically, the County Fiscal Strategy Paper aims to; Specify the broad strategicpriorities and policy goals that will guide the county government in preparing its budget for thecoming financial year and over the medium term, provide Linkage with the national objectives inthe Budget Policy Statement and the financial outlook with respect to county governmentrevenues, expenditures and borrowing over the medium term.The FY 2020/21-2022/23 Medium Term Expenditure Budget Framework will be anchored onthe county administration economic and transformation agenda as enshrined in the CountyIntegrated Development Plan (2018-2022), the third Medium Term Plan of Kenya Vision 2030,and the Governors Manifesto. The manifesto is premised on the 3Es pillar framework ofEducation, Equity and Economy for sustainable, inclusive development and shared prosperity.The Fiscal Strategy Paper has been prepared by the County Government as part of its efforts toensure effective linkage between policy, planning and budgeting. It provides an updated resourceenvelope of Kshs. 5.828 Billion for the FY 2020/2021 County budget, presents a fiscalframework and ministerial ceilings for the fiscal year and the medium term.Kenyas economic growth has remained strong and resilient. The economy is estimated to haveexpanded by 5.6 percent in 2019 from the 6.3 percent registered in 2018, partially reflecting theimpact of delayed rainfall in the first half of 2019 that affected agricultural production. Growthmomentum is expected to pick up to 6.1 percent in 2020 and 7.0 percent over the medium term.This growth will be supported by a rebound in agricultural activities, strong services sector,stable macroeconomic environment and ongoing investments in strategic priorities of theGovernment under the Big Four Agenda. The county government of West Pokot is committedto ensuring the success of devolution. In this regard, the need for continued fiscal discipline and ii | P a g eprudent utilization of public resources is emphasized. This therefore calls for greatertransparency and accountability in public finance management at the county level.The ministerial priorities for the 2020/2021 fiscal year and the medium term include strategicinvestments in agriculture, irrigation and livestock sector to boost county food security andincome, education, road infrastructure, health, water and environment, peace and security,strengthening business environment and support to Small and Micro enterprises and cooperativesto boost job creation especially for the youth. I call upon all our stakeholders to continuesupporting us on the basis of mutual respect, cooperation and consultation.
|Tags||west, pokot, county, fiscal, structure, 2020, 2020 WEST POKOT CFS, Public Finance|