| dc.description.abstract | 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. | en_US |
