https://repository.kippra.or.ke/handle/123456789/1109 2022-10-31T07:23:32Z 2022-10-31T07:23:32Z https://repository.kippra.or.ke/handle/123456789/3803 2022-10-12T17:07:01Z 2021-01-01T00:00:00Z

Kakamega County Budget Review and Outlook Paper 2020/2021 The County Budget Review and Outlook Paper 2021 is prepared in the wake of a contracting economy occasioned by the effects of the Covid-19 pandemic hence disrupting businesses, loss of lives and livelihoods for millions of people globally. The rate of growth of National economic activities contracted to - 0.3 per cent in 2020 from 5.0 per cent in 2019 with prospects across counties remaining highly uncertain. Considering the impact of Covid-19, the County Government has put in place measures to cushion citizens and businesses from the adverse effects of the Pandemic. Kakamega being pre-dominantly an agriculture-based economy, the government prioritized provision of subsidized farm inputs, distribution of day-old chicks, promotion of dairy farming through one cow initiative programme and grants to Co-operative Societies. To support growth of businesses, the government through the Micro-Finance Corporation is providing low interest loans to Small and Medium Enterprises (SMEs). Through the department of social services, the government was able to support vulnerable members of the society through provision of food stuffs and empowering youth and women through creation of employment opportunities.

2021-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1130 2022-02-19T08:56:48Z 2016-01-01T00:00:00Z

Kakamega County Budget Review and Outlook Paper 2015/2016 This is the third County fiscal strategy paper (CFSP 2016) for County government of Kakamega prepared by the County Treasury. It sets out the County priority programs to be implemented in the Medium Term expenditure Framework (MTEF) in the FY 2016/2017-2018/19. It is prepared in line with requirements of PFM Act of 2012 Section 117. Kakamega County has witnessed tremendous economic development including improved infrastructure, revitalized agricultural sector, and massive investments in education and health sectors since the inception of county governments. In addition, the continued development of modern markets and mikopo mashinani trade loans are expected to boost the volume of trade which has a multiplier effect in job creation, increased incomes and opening up of opportunities for entrepreneurial growth in the County. However, there are challenges that continue to hold the County back from achieving its full potential. They include: Inadequate budgetary allocation from the National Treasury, low local revenue base, high unemployment rates, inadequate human resource capacity and political interest. Strategies to address these challenges have been highlighted in this Fiscal strategy paper.

2016-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1126 2022-02-19T08:53:30Z 2019-01-01T00:00:00Z

Kakamega County Budget Review and Outlook Paper 2018/2019 The County Budget addresses key roles in attaining and maintaining a desired level of economic growth by ensuring a balanced distribution of resources and wealth through development projects and programmes. During the FY 2018/2019 Kakamega County witnessed significant improvement in socio-economic and fiscal development. To sustain this momentum, the County has put measures to track its expenditure and project status continuously through developing monitoring and evaluation system and performance contracting infrastructure. Through these initiatives, the county has implemented many development projects in various sectors which have stimulated economic growth being witnessed so far. Despite the growth prospects, poverty and unemployment still remain the major challenges. However, with decisive and firm action being implemented in accountable and transparent manner, the County shall speed up the pace of economic growth and accelerate massive transformation which will expand job market and wealth creation. The implementation of the FY 2018/19budget faced some challenges. Among the notable challenges was the delay in the disbursement of funds from the National Treasury. Consequently, this delayed project implementation during the first quarter of the year.

2019-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1124 2022-02-18T12:05:40Z 2018-01-01T00:00:00Z

Kakamega County Budget Review and Outlook Paper 2017/2018 Kakamega County has witnessed significant improvement in socio-economic and fiscal development since the inception of devolution. After a slow start of devolution that was coupled with so many challenges, the County can now boast of many development activities which have stimulated the economic growth being witnessed so far. Despite the growth, poverty and unemployment still remain major challenges. However, with decisive and firm action being implemented in accountable and transparent manner, the County can speed up the pace of economic growth and accelerate massive transformation. This transformation will enable the county to expand job market and wealth creation. The implementation of the 2017/18 budget faced some challenges. Among the notable challenges was prolonged electioneering period which affected expenditure outturns and revenue collection. There was also unpredictable and delayed disbursement of funds from the national government.

2018-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1123 2022-02-18T12:06:10Z 2017-01-01T00:00:00Z

Kakamega County Budget Review and Outlook Paper 2016/2017 The CBROP is also a key document in linking policy, planning and budgeting. The County Integrated Development plan (CIDP 2013-2017) was used to accommodate emerging issues and county changing priorities. The (CIDP 2013-2017) is the first reference document for Medium Term Plan (MTP) covering 2013-2017.This is the basic document that has guided budget preparation and planning for county entities. The rest of the paper is organized as follows: The first section provides an introduction and the legal basis for the preparation of the CBROP 2017.Section two provides a review of the fiscal performance in FY2016/17 and its implications on the financial objectives set out in the last Medium Term Expenditure Framework( MTEF) submitted to the County Assembly in June 201. Section three provides brief highlights of the recent economic developments and updated macroeconomic outlook country. Section four provides the resource allocation framework, while Section five gives the conclusion and recommendations.

2017-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1121 2022-02-19T08:56:03Z 2015-01-01T00:00:00Z

Kakamega County Budget Review and Outlook Paper 2014/2015 This County Budget Review and Outlook Paper (CBROP), prepared in accordance with the Public Financial Management Act, 2012 is the second to be prepared under the County government Administration. It presents the recent economic developments and actual fiscal performance of the FY2014/2015 and makes comparisons to the budget appropriations for the same year. It further provides updated economic and financial forecasts with sufficient information to show changes from the projections approved in June 2015 In this Paper, we will also provide an overview of how the actual performance of the FY2014/2015 affected our compliance with the fiscal responsibility principles and the financial targets as contained 2015/2016 annual budget.

2015-01-01T00:00:00Z