Kakamega County Fiscal Strategy Paper 2016

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.