Kakamega County Fiscal Strategy Paper 2018

Abstract

This is the First County fiscal strategy paper (CFSP 2018) prepared during the second term of the County government. The document has been prepared by the department of Finance and Economic Planning and considers the changed priorities which have different financial objectives from the first term of the government. The County Integrated Development Plan 2018-2022 has been prepared to capture areas of priority for the next five years. It sets out the County priority programs to be implemented in the Medium-Term expenditure Framework (MTEF) in the FY 2018/2019-2020/21 and is prepared in line with the requirements of Section 117 of the PFM Act, 2012. Kakamega County has recorded tremendous economic development as a result of improved infrastructure, revitalized agricultural sector and the significant investments in education and health sectors since the inception of county governments. In addition, development of market infrastructure is expected to boost the volume of trade which has a multiplier effect in job creation, increasing incomes and opening of opportunities for entrepreneurial growth in the County. Despite the progress made, there are challenges that continue to hold the County back from achieving its full potential. They include inadequate financial resources, high unemployment rates, inadequate human resource capacity and political related issues. Strategies to address these challenges have been highlighted in this Fiscal strategy paper…