Kericho County Budget Review and Outlook Paper 2014

Abstract

The County Budget Review and Outlook Paper (C-BROP) presents the fiscal outcome for FY 2013/2014 and how this affects the financial obligations set out in the County Fiscal Strategy Paper 2014 introduced to the County Assembly on 28th February 2014. It also provides a basis upon revision of FY 2014/15 budget in the context of the Supplementary Estimates, as well as set out the broad fiscal parameters for the budget preparation over the medium term period. The County Treasury will maintain the trend of stable macroeconomic performance and ensure transparency by relaying performance indicators to the public through this policy document as required by the Constitution and the Public Finance Management Act, 2012 as well other existing regulations The fiscal framework presented in this 2014 C-BROP provide strong basis for ensuring that the fiscal principles set out in PFMA, 2012 are achieved.