Trans Nzoia County Fiscal Strategy Paper 2020

Abstract

The 2020 County Fiscal Strategy Paper has been prepared by the County Government of Trans-Nzoia in compliance with the PFM act 2012. The overall objective of the CFSP is to link policy, planning and budgeting. Specifically, the CFSP seeks to Ensure a sound and sustainable balance between the county Government’s spending, revenue and borrowing requirements that are in line with the law and economical sustainability; Set out strategies of enhancing local revenue collection to augment the CRA allocations; Outline policy initiative and spending that support growth in the key sectors of the economy including agriculture, health care services, trade and industry whose contribution to employment creation is vital in the county economy. Provide a channel of communicating and disseminating the county’s budget proposal and therefore encourage transparency and partnership in the budget making process during the public hearings to provide an updated resource envelop and the fiscal framework for 2020/21 budget and the medium term.