Kwale County Budget Review and Outlook Paper 2017/2018

Abstract

The purpose of preparing this paper is to provide the fiscal performance of the county for the financial year 2017/2018. In addition it will provide the forecasts of revenues and expenditures for the next financial year 2019/2020 and an update of the recent economic developments and outlook. The updated macroeconomic environment for the current financial year coupled with the fiscal performance of the previous financial year will give a basis for revision of the FY 2018/2019 budget and provision expenditure ceilings for FY 2019/2020 budget.