Nandi County Fiscal Strategy Paper 2021

Abstract

The Nandi County Fiscal Strategy Paper identifies the broad strategic priorities and policy goals that will guide the County Government in preparing its budget for Financial Year 2021/2022 and over the Medium Term. It also contains the financial outlook with respect to County revenues and expenditures for the coming financial year as well as the respective sector ceilings. The policy document will continue to enhance Programme Based Budgeting (PBB) which is result oriented in management of County Development Initiatives. Economic policies, structural reforms as well as sector-based expenditure programmes that the county government intends to implement in the medium term are also outlined in the document. In order to achieve the broad goal of the County government’s “Transformation agenda” the document has detailed development priorities as articulated in the County Integrated Development Plan (2018-2022), the approved County Annual Development Plan (2021/2022) and the Medium Term Plan III (2018-2022). The paper is also aligned to the national policies and objectives outlined in the 2021 Budget Policy Statement.This 2021 CFSP is prepared against a backdrop of anticipated recovery from the COVID-19 pandemic which has caused devastation through loss of life, loss of employment and more so decline in economic performance as county, national, regional and the global arena. Hence allocation of revenue and expenditure ceilings takes into account the execution of socio-economic re-engineering strategies to bring the economy to the economic recovery path.