https://repository.kippra.or.ke/handle/123456789/1110 2022-10-31T07:17:35Z https://repository.kippra.or.ke/handle/123456789/3408 Kakamega County Fiscal Strategy Paper 2021 The Kakamega County Fiscal Strategy Paper (CFSP 2021) is prepared as provided under section 117 of PFM Act of 2012. It sets out the county priority programmes to be implemented during the financial year 2021/2022 and over the MTEF period. Preparation of this document has been done through collaborated effort and therefore reflects the needs of people of Kakamega County. The document has been aligned to key National and County policy documents which include and not limited to; the Kenya Vision 2030, MTP III 2018-2022, Kakamega County Integrated Development Plan (CIDP 2018-2022) and Kakamega County Annual Development Plan (CADP 2021/2022). The County has continued to record positive economic development as a result of improved infrastructure, revitalized agricultural sector and the significant investments in other sectors including health, education and trade. To keep this development pace, the main focus of FY 2021/2022 will be geared towards wealth and employment creation. The County will focus on five core areas which are aligned to the Big four agenda as outlined: Transforming the Agricultural Sector; Infrastructure Development including motorable road networks and housing units; Achieve universal Health Care; Promote trade and industrial development and Access to clean and safe water by all. 2021-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/3407 Kakamega County Fiscal Strategy Paper 2022 he Kakamega County Fiscal Strategy Paper (CFSP 2022) is prepared as provided under section 117 of the PFM Act, 2012. The Paper sets out the County Government priority Programmes to be implemented during the FY 2022/23 and over the MTEF period. Preparation of this document has been done through collaborated effort and therefore reflects the needs of the people of Kakamega County. The Paper has been aligned to key National and County policy documents which include and not limited to; the Kenya Vision 2030, MTP III 2018 – 2023, Kakamega County Integrated Development Plan (CIDP 2018 – 2022) and Kakamega County Annual Development Plan (CADP 2022/23). The County Government has continued to record positive economic development as a result of improved infrastructure, revitalized agricultural sector and the significant investments in other sectors including health, education and trade. To keep this development pace, the main focus of FY 2022/23 will be geared towards wealth and employment creation. The County Government will focus on five core areas which are aligned to the Big four agenda as outlined: Transforming the Agricultural Sector; Infrastructure Development including motorable road networks and housing; Achieve universal Health Care; Promote trade and industrial development and Increase access to clean and safe water. 2021-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2027 Kakamega County Fiscal Strategy paper 2019 The Kakamega County Fiscal Strategy Paper (CFSP 2019) is prepared as provided under section 117 of PFM Act of 2012. It sets out the county priority programmes to be implemented during the financial year 2019/2020 and over the MTEF period. Preparation of this document has been done through collaborated effort and therefore reflects the needs of people of Kakamega County. The document has been aligned to key National and County policy documents which include Kenya Vision 2030, MTP 2018-2022, Kakamega County Integrated Development Plan (CIDP 2018-2022) and Kakamega County Annual Development Plan (CADP 2019/2020). The County has continued to record positive economic development as a result of improved infrastructure, revitalized agricultural sector and the significant investments in other sectors including health, education and trade. To continue with this development pace, the focus of 2019/2020 will be geared towards achieving the County Vision. Pursuing this agenda will have long term impact of job creation and improved incomes from the vibrant economic activities in the County. Despite the tremendous progress made, the County is still faced with several challenges that hold it from achieving its full potential. These challenges include inadequate financial resources, high unemployment rates, and political related issues. Strategies and measures to address these challenges have been captured in this document. To achieve the County vision and the broad economic transformation, the County will focus on five core areas which are aligned to the Big four agenda as outlined below... 2019-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2026 Kakamega County Fiscal Strategy Paper 2018 This is the First County fiscal strategy paper (CFSP 2018) prepared during the second term of the County government. The document has been prepared by the department of Finance and Economic Planning and considers the changed priorities which have different financial objectives from the first term of the government. The County Integrated Development Plan 2018-2022 has been prepared to capture areas of priority for the next five years. It sets out the County priority programs to be implemented in the Medium-Term expenditure Framework (MTEF) in the FY 2018/2019-2020/21 and is prepared in line with the requirements of Section 117 of the PFM Act, 2012. Kakamega County has recorded tremendous economic development as a result of improved infrastructure, revitalized agricultural sector and the significant investments in education and health sectors since the inception of county governments. In addition, development of market infrastructure is expected to boost the volume of trade which has a multiplier effect in job creation, increasing incomes and opening of opportunities for entrepreneurial growth in the County. Despite the progress made, there are challenges that continue to hold the County back from achieving its full potential. They include inadequate financial resources, high unemployment rates, inadequate human resource capacity and political related issues. Strategies to address these challenges have been highlighted in this Fiscal strategy paper… 2018-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2023 Kakamega County Fiscal Strategy Paper 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. The strategy for economic success targets five core areas: Investment in health services, revitalizing the agriculture sector, improvement of the infrastructure network, improve education standards and promotion of trade and industry. This fiscal strategy paper gives parameters for the 2016/17 budget and the medium-term expenditure framework which is consistent with both County and National Government priority programs, strategies and policies. The CFSP 2016 is prepared taking into consideration equitable shareable revenue from the national government, in addition to County’s own source of revenue... 2016-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1133 Kakamega County Fiscal Strategy Paper 2017 This is the fourth County fiscal strategy paper (CFSP 2016) for County government of Kakamega prepared by the County Treasury. This paper has been prepared at a time when the First term of County government is coming to an end. This means that it is prepared to take into account the changed priorities that would be included in the County Integrated Development Plan of the next term of the new government (2018- 2022). It sets out the County priority programs to be implemented in the Medium Term expenditure Framework (MTEF) in the FY 2017/2018-2019/20. 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 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. 2017-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1129 Kakamega County Fiscal Strategy Paper 2015 SThis is the second County fiscal strategy paper (CFSP 2015) for County government of Kakamega preaperd by the County Treasury. It sets out the County priority programs to be implemented in the Medium Term expenditure Framework (MTEF) in the FY 2015/2016. It is prepared inline with requirements of PFM Act of 2012 Section 117. Kakamega County economy since the establishment of county governments has witnessed tremendous economic gowth including improved infrastructure develoment, revitalized agricultural sector,massive investments in education and health sectors.Further more, the development of modern markets and slaughter houses are expected to boost the volume of trade which has a multiplier effect in job creation, increased incomes and opening up of opportunities for entepreneurial growth in the county. 2015-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1127 Kakamega County Fiscal Strategy Paper 2014 The 2014/15 Fiscal strategy paper is the first for the county government of Kakamega. This budget is being prepared amid continued efforts of the county government to streamline operations and create structures that will deliver effective and efficient public services and address the key challenges that are threatening the newly gained self administration of the new devolved governments. This strategy paper outlines economic policies and structural reforms as well as sector-based expenditure programmes that the County Government intends to implement in the 2014/2015fiscal year. In particular, it emphasizes on shifting of resources from the recurrent vote towards the development vote perhaps an ambitious target of 60% over and above the constitutional provision of 30 % of the annual total budget. This is to stimulate and revive key sectors of the county economy, foster growth, create jobs and attract investments. The proposed fiscal framework ensures continued fiscal discipline and provides support for sustained growth, broad-based development and employment growth that will boost the county economy and improve livelihoods. 2014-01-01T00:00:00Z