https://repository.kippra.or.ke/handle/123456789/152 2022-10-31T07:37:56Z https://repository.kippra.or.ke/handle/123456789/3362 Kwale County Fiscal Strategy Paper 2020/2021 The preparation of 2020 County Fiscal Strategy Paper (CFSP) is guided by section 117 of the Public Finance Management Act (PFMA), 2012 and Regulations No. 25 (1) of the Public Finance Management Regulations 2015 (For County Governments). Section 117 of the PFM Act, 2012 states that the County Treasury shall prepare and submit to the County Executive Committee a County Fiscal Strategy Paper (CFSP) for approval and the County Treasury shall submit the approved Fiscal Strategy Paper to the County Assembly, by the 28th February of each year. The 2020 CFSP is prepared against a background of anticipated upward growth of the Kenya’s economy .The domestic economy is projected to expand by above 6.1 percent over the medium term. This will be attributable to the envisaged stable macro environment, robust services sector and ongoing investments in the National Government strategic priorities under the “Big Four” Plan. On the local scene, increased mining activities, sugarcane production, tourism earnings and infrastructural development are expected to boost the economy. 2020-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/3360 Kwale County Fiscal Strategy Paper 2016/2017 This is the third County Fiscal Strategy Paper to be tabled in the County Assembly of Kwale under the new system of governance. This paper is prepared in consistent with the requirements of section 117 of the Public Finance Management Act(PFMA),2012.It outlines the broad strategic priorities and policy goals that will guide the preparation of the County Budget for financial year 2016/2017 and over the medium term. It will also provide up to date information on county performance, the sectors spending plans and ceilings and the projections of revenues and expenditure for 2016/17 and over the medium term. These coupled with the county's macroeconomic outlook will form a basis of the FY 2016/2017 county budget and the medium term. This document is expected to improve the citizens understanding of the County Government public finances and guide public debate on development matters among various stakeholders. Budget implementation over the past three years has had challenges mainly arising from delays in release of exchequer issues from the National Treasury, long public procurement procedures and under collection of local county own revenues below the set targets. Despite these challenges tremendous progress was made in county expenditure performance. Our economy is expected to grow as continued private investment is enhanced and tourism starts recovering. This CFSP will address the outstanding challenges which drag on our economic transformation agenda. 2016-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/2816 Kwale County Fiscal Strategy Paper 2019/2020 The 2019 CFSP is prepared in accordance with the provisions of section 117 of the Public Finance Management Act (PFMA), 2012. The 2019 CFSP emphasizes the exploitation of Kwale’s immense potential for growth and sustainable development through the implementation of high impact socio- economic and infrastructural programmes and projects. 2019-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1382 Kwale County Fiscal Strategy Paper 2018/2019 This is the first County Fiscal Strategy Paper to be tabled in the County Assembly of Kwale for the Medium Term Expenditure Framework (MTEF) period 2018-2022. It is prepared in accordance with the requirements of section 117 of the Public Finance Management Act 2012 and provisions of Public Finance Management Regulations 2015 for county governments. This 2018 CFSP sets out the broad strategic priorities and policy objectives that will guide the preparation of the FY 2018/2019 MTEF budget. It will also provide updates on recent economic developments and county fiscal performance and information on the projections of revenues and expenditures, sector priorities and ceilings. Further the statement of fiscal risks and adherence to the fiscal responsibility principles will also be provided. These coupled with the economic outlook will form a basis of the FY 2018/2019 budget and the medium term. This 2018 CFSP is expected to improve public's understanding of the county's public finances, guide public debate on the county's socio economic development matters and implementation of county government's programs and policies. 2018-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1381 Kwale County Fiscal Strategy Paper 2017/2018 This is the fourth CFSP to be prepared by the County Treasury and the last in the Medium Term Expenditure Framework (MTEF) period FY 2015/16- FY 2017/18. It is prepared in consideration of the requirements of section 117 of the Public Finance Management Act, 2012. It links the County government policies, plans and budgets and is expected to guide budget preparation for FY 2017/18 and the medium term. This paper firms up the recommendations and conclusions on the sectoral spending limits given in the latest County Budget Review and Outlook Paper (CBROP) which will form the basis for the FY 2017/18 budget. This 2017 CFSP is expected to enhance the citizens understanding of County public finances and guide public deliberations on Kwale County’s socio-economic development. 2017-01-01T00:00:00Z https://repository.kippra.or.ke/handle/123456789/1379 Kwale County Fiscal Strategy Paper 2015/2016 This is the second County Fiscal Strategy Paper (CFSP) to be tabled in the Kwale County Assembly. It outlines the broad strategic macroeconomic issues and fiscal framework, together with a summary of sectoral spending plans, as a basis for preparation of the 2015/2016 county budget and the medium term. It firms up the recommendations and conclusions reached in the latest CBROP of September 2014. This document is expected to improve the Kwale citizens’ understanding of county’s public finances and guide public debate on Kwale County economic and development matters. 2015-01-01T00:00:00Z