https://repository.kippra.or.ke/handle/123456789/1075 2022-10-31T07:10:17Z 2022-10-31T07:10:17Z https://repository.kippra.or.ke/handle/123456789/3378 2022-02-18T11:23:58Z 2014-01-01T00:00:00Z

Bomet County Budget Review and Outlook Paper 2015 This is the second Budget Review and Outlook Paper (BROP) prepared in accordance with the Public Finance Management (PFM) Act, 2012 under the Jubilee Administration. It presents the fiscal outcome for 2013/14 and how this affects the financial objectives set out in the PFM Act, 2012. The updated macro-economic and fiscal forecasts therein also provides the basis to revise the 2014/15 budget in the context of Supplementary Estimates, as well as set out the broad fiscal parameters for the 2015/16 budget and the medium term. The macroeconomic environment in Kenya has remained stable. The revised estimates that were released in September 2014 demonstrate that the economic growth has remained resilient since 2010 growing to 5.7 percent in 2013 compared with the earlier estimate of 4.7 percent growth, underpinned by macroeconomic stability, strong fiscal performance and expanded activities in all the key sectors of the economy. The fiscal performance in FY 2013/14 was largely as programed, despite shortfalls in revenues particularly in Appropriation in Aid (AiA) and external grants and low absorption of both recurrent and development expenditures.

2014-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/3040 2022-02-18T11:17:07Z 2020-01-01T00:00:00Z

Bomet County Budget Review and Outlook Paper 2020 The County Budget Review and Outlook Paper (CBROP)has been prepared in accordance with the Public Finance Management (PFM) Act, 2012 and the PFM(County) Regulations 2015. The document provides the fiscal outcome for the FY 2019/20, the macro-economic projections and sets the sector ceilings for the FY 2021/22 and the MTEF Budget Estimates. It further provides a basis upon which to revise the 2020/21 budget in the context of the supplementary budget and set out the broad fiscal parameters for the next medium-term budget. The County Budget Review and Outlook Paper is set against the backdrop of a contracting global economy occasioned by the outbreak and rapid spread of the Covid-19 pandemic.

2020-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/3039 2022-02-18T11:18:45Z 2019-01-01T00:00:00Z

Bomet County Budget Review and Outlook Paper 2019 This County Budget Review and Outlook Paper (CBROP) 2019 was prepared in accordance with section 118 of the Public Financial Management Act, 2012. The CBROP reviews the fiscal outcome for FY 2018/19 and its effects on the financial objectives set out in the 2019/20 budget estimates submitted to the County Assembly on April 30, 2019. It provides a basis upon which to revise the 2019/20 budget in the context of the supplementary budget and set out the broad fiscal parameters for the next medium-term budget. The 2019 County Budget Review and Outlook Paper is the seventh to be prepared since the inception of the county government.

2019-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1090 2022-02-18T11:19:32Z 2018-01-01T00:00:00Z

Bomet County Budget Review and Outlook Paper 2018 The C-BROP 2018 set the primary sector ceilings for the FY 2019/2020 budget and indicative projections for the FY 2020/2021 and 2021/2022 MTEF period. These ceilings will set off budget preparation process for the fiscal year 2019/2020. 4. Finally the rest of the paper is organised into four sections namely section II provides a review of fiscal performance in FY 2017/2018 and its implication to the 2018 CFSP financial objectives; Section III observes the recent economic developments and the updated National macroeconomic outlook; Section IV and V contains the proposed sector budget ceilings and the Conclusion respectively.

2018-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1088 2022-02-18T11:20:16Z 2017-01-01T00:00:00Z

Bomet County Budget Review and Outlook Paper 2017 The objective of CBROP is to provide a review of the previous year’s fiscal performance and how it impacts the financial objectives and fiscal responsibility principles set out in the last Fiscal Strategy Paper (FSP). This together with updated macroeconomic outlook provides a basis for revision of the current budget in the context of supplementary budget and the broad fiscal parameters underpinning the next budget and the medium term. Details of the fiscal framework and the medium term policy priorities will be firmed up in the next FSP. The CBROP will be a key document in linking policy, planning and budgeting. The Sector Working Groups have begun reviewing programmes for the last Medium Term Expenditure Framework (MTEF) focusing on updating and developing new programmes for the next MTEF 2017/18 - 2018/19. Following the fiscal outcome of 2016/17 and the updated macroeconomic framework these sector ceilings will be modified accordingly in the County Fiscal Strategy Paper. Therefore, this CBROP will inform the sector ceilings that will be set in the next FSP. The rest of the paper is organised as follows: the next section provides a review of the fiscal performance in FY 2016/17 and its implications on the financial objectives set out in the last FSP, section III provides brief highlights of the recent economic developments and updated macroeconomic outlook, section IV details the resource allocation framework and section V concludes the paper.

2017-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1087 2022-02-18T11:21:56Z 2014-01-01T00:00:00Z

Bomet County Budget Review and Outlook Paper 2014 The objective of CBROP is to provide a review of the previous year’s fiscal performance and how it impacts the financial objectives and fiscal responsibility principles set out in the last Fiscal Strategy Paper (FSP). This together with updated macroeconomic outlook provides a basis for revision of the current budget in the context of supplementary budget and the broad fiscal parameters underpinning the next budget and the medium term. Details of the fiscal framework and the medium term policy priorities will be firmed up in the next FSP. The CBROP will be a key document in linking policy, planning and budgeting. The Sector Working Groups have begun reviewing programmes for the last Medium Term Expenditure Framework (MTEF) focusing on updating and developing new programmes for the next MTEF 2016/17 - 2018/19. Following the fiscal outcome of 2014/15 and the updated macroeconomic framework these sector ceilings have been modified as indicated in the annex of this CBROP. Therefore, this CBROP will inform the sector ceilings that will be set in the next FSP.

2014-01-01T00:00:00Z