Kwale County Fiscal Strategy Paper 2018

Abstract

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.