https://repository.kippra.or.ke/handle/123456789/1231 2022-10-31T07:32:46Z 2022-10-31T07:32:46Z https://repository.kippra.or.ke/handle/123456789/3420 2022-02-23T06:21:25Z 2019-01-01T00:00:00Z

Kisumu County Budget Review and Outlook Paper 2019/2020 The Kisumu County Budget Review and Outlook Paper (CBROP) was prepared in pursuant to Section 118 of the Public Financial Management Act, 2012.This review document focused on the fiscal year ending 30th June 2020 compared with the year on year growth for the similar period in previous years. The CBROP also reviews the fiscal outcome for FY 2019/2020 and its effects on the financial objectives set out in the 2020/2021 budget estimates submitted to the County Assembly on April 30,2020. Which also presents the recent economic developments and actual fiscal performance of the FY 2019/2020 and makes comparisons to the budget appropriations for the same year. In this Paper, we will also provide an overview of how the actual performance of the FY 2019/2020 affected the County‟s compliance with the fiscal responsibility principles and the financial objectives as detailed in the 2020 CFSP.

2019-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1242 2022-02-22T07:44:07Z 2017-01-01T00:00:00Z

Kisumu County Budget Review and Outlook Paper 2017/2018 This second County Budget Review and Outlook Paper (CBROP) of the County Government of Kisumu comes against a backdrop of growing stabilization on the structures setup within the county. It has been prepared in conformity to the Public Finance Management (PFM) Act, 2012 and contains a review of the fiscal performance of financial year 2014/15, recent macroeconomic forecast and adjustments to be incorporated into County Fiscal Strategy Paper (CFSP) to be submitted to County assembly before February 2016 deadline. CBROP is to provide a review of the previous fiscal performance and how this impacts the financial objectives and fiscal responsibility principles to be set out in the CFSP. This together with macroeconomic outlook provides a basis for revision of the current budget in the context of 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 in the CFSP. The significance of CBROP is that it ensures that the government reviews it previous year’s performance, the county and the national economic – financial environment and its likely impact on the level of future revenues; and to set preliminary sector ceilings and the light of this review of revenue. This paper is in four sections namely: I. Review of county fiscal performance II. Recent economic development and outlook III. Resource allocation frame work IV. Conclusion and next steps

2017-01-01T00:00:00Z