Taita Taveta County Fiscal Strategy Paper, 2015

Abstract

The 2015 County Fiscal Strategy Paper (CFSP) is the second to be prepared after the 2014 CFSP which is informing the 2014/15 budget implementation process. It outlines the broad strategic issues and fiscal framework, together with a summary of the County government’s spending plans as a basis of the 2015/16 budget and the medium term. It provides a more updated indication of the resource envelop as outlined in the 2014 County Budget Review and Outlook Paper (CBROP) and also makes reference to the 2015 Budget Policy Statement (BPS) which provides the National Fiscal and economic framework. This 2015 CFSP therefore, presents a fiscal framework for the budget (2015/16) over the medium term. It further sets departmental and programme ceilings that firms up the indicative ceilings outlined in the 2014 CBROP. This strategic paper is divided into 4 chapters: Chapter 1 gives the general overview and rationale for preparation of this document. It also highlights the major achievements made by the county government under the priorities of the 2014 CFSP. It also outlines the fiscal perfomance of the county interms of revenue generation and expenditure analysis. Chapter 2 outlines the economic context in which the 2015/16 MTEF budget is prepared. It provides an overview of the recent economic development and macro-economic outlook covering the national and county scene. It further provides a basis for the projections o revenue and expenditure for 2015/16 and the medium term. Chapter 3 outlines the fiscal framework underwhich the 2015/16 budget and the medium term is based. It briefly highlights the county’s resource envelop for 2015/16 and further presents the spending priorities for the next budget. It also outlines the county’s priorities over the medium term. Chapter 4 finally presents the sectors, ministerial and departmental spending ceiling for 2015/16 budget and the medium term.