County Fiscal Strategy Paperhttps://repository.kippra.or.ke/handle/123456789/9592024-03-28T20:53:40Z2024-03-28T20:53:40ZNarok County Fiscal Strategy Paper 2022https://repository.kippra.or.ke/handle/123456789/41842023-05-09T09:13:57Z2022-01-01T00:00:00ZNarok County Fiscal Strategy Paper 2022
The 2022 County Fiscal Strategy Paper (CFSP) is prepared in an environment of global, regional, national, and county economic recovery expected in 2022 following a slump in 2020 and 2021 occasioned by the negative effects of the COVID-19 pandemic. The projected recovery bolstered by broader vaccinations programme is projected to bring an additional fiscal support to county revenue framework in FY 2022/2023. To further reinforce this growth outlook, this 2022 County Fiscal Strategy Paper outlines policy measures that will continue to stimulate resilient and sustainable economic socio-economic recovery in Narok County.
The 2022 CFSP is coming at a time when the CIDP 2018-2022 is being reviewed at half term. It is also prepared against a background of expected global recovery after a slump in 2020 occasioned by the negative effects of the COVID-19 pandemic. The global economy is projected to grow by 5.9 percent in 2021, from a contraction of 3.1 percent in 2020. The projected recovery in advanced economies reflects the anticipated additional fiscal support in the second half of 2021 and broader vaccinations coverage across the group. Kenya’s economy is projected to rebound to 6.0 percent in 2021 from the contraction of 0.3 percent in 2020.
2022-01-01T00:00:00ZNarok County Fiscal Strategy Paper 2019https://repository.kippra.or.ke/handle/123456789/41832023-05-09T09:13:55Z2019-01-01T00:00:00ZNarok County Fiscal Strategy Paper 2019
2019 County Fiscal Strategy Paper (CFSP) is prepared based on the Second Generation
CIDP covering the 2018-2022 phase of planning in the county. The Narok CIDP for 2013-
2017 was the baseline for the development of CIDP 2018-2022 which is currently in its
first year of implementation. The 2019 CFSP is set to execute the development strategies
for year two in the implementation of Narok CIDP.
The 2019 CFSP is coming at a time when the third Medium Term Plan (MTP III) of the
Kenya Vision 2030 for the period 2018-2022 is also in its implementation stage. It’s also
coinciding with the release of the Gross County Product (GCP) by the Kenya National
Bureau of Statistics (KNBS). This makes it possible to set macroeconomic related targets
in terms of increasing GCP growth rate and county contribution to national economy.
The policy paper is to guide the preparation of budget estimates for implementing policy
goals, priority programs and fiscal framework for FY 2019/20 and the medium term period.
As a result, the policy goals, priority programs and fiscal framework in this CFSP are
revised to reflect emerging realities and priorities for promotion of growth and
development in the county
2019-01-01T00:00:00ZNarok County Fiscal Strategy Paper 2020https://repository.kippra.or.ke/handle/123456789/41822023-05-09T05:14:11Z2020-01-01T00:00:00ZNarok County Fiscal Strategy Paper 2020
The 2020 County Fiscal Strategy Paper (CFSP) is prepared based on the Second
Generation CIDP covering the 2018-2022 phase of planning in the county. The Narok
CIDP for 2013-2017 was the baseline for the development of CIDP 2018-2022 which is
currently in its Second year of implementation. The 2020 CFSP is set to execute the
development strategies for year three in the implementation ofNarok CIOP.
The 2020 CFSP is coming at a time when the third Medium Term Plan (MTP III) of the
Kenya Vision 2030 for the period 2018-2022 is also in its implementation stage. It's also
comes after the release of the Gross County Product (GCP) 2019 by the Kenya National
Bureau of Statistics (KNBS). This makes it possible to set macroeconomic related targets
in terms of increasing GCP growth rate and county contribution to national economy.
The policy paper is to guide the preparation of budget estimates for implementing policy
goals, priority programs and fiscal framework for FY 2020/21 and the medium term
period. As a result, the policy goals, priority programs and fiscal framework in this CFSP
are revised to reflect emerging realities and priorities for promotion of growth and
development in the county
2020-01-01T00:00:00ZNarok County Fiscal Strategy Paper 2021https://repository.kippra.or.ke/handle/123456789/35142022-01-31T09:00:35Z2021-01-01T00:00:00ZNarok County Fiscal Strategy Paper 2021
The 2021 County Fiscal Strategy Paper (CFSP) is prepared in an environment of economic suppression occasioned by the adverse effects of COVID 19 pandemic. The Coronavirus disease (COVID-19) has continued to cause serious challenges not only overburdening the health care systems but also causing massive losses in the economy. Prior to the manifestation and before the effects of COVID 19 and its impacts began to be felt in the County it was believed that the virus would not last for long. As a result, financial projections assumed a normal operating environment. This has, however, changed following the wide spreading pandemic that has led to interruption in County Government’s development agenda.
2021-01-01T00:00:00Z