Bomet County Budget Review and Outlook Paper 2020
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County Government of Bomet
Abstract
The County Budget Review and Outlook Paper (CBROP)has been prepared in accordance with the Public Finance Management (PFM) Act, 2012 and the PFM(County) Regulations 2015. The document provides the fiscal outcome for the FY 2019/20, the macro-economic projections and sets the sector ceilings for the FY 2021/22 and the MTEF Budget Estimates. It further provides a basis upon which to revise the 2020/21 budget in the context of the supplementary budget and set out the broad fiscal parameters for the next medium-term budget. The County Budget Review and Outlook Paper is set against the backdrop of a contracting global economy occasioned by the outbreak and rapid spread of the Covid-19 pandemic.
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Keywords
Economic development, Resource allocation, Revenue collection, Expenditure performance