Garissa County Budget Review and Outlook Paper 2020
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Publication Date
2020Author
Type
Budgetviews
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County Government of Garissa
Abstract/ Overview
The County Budget Review and Outlook Paper is set against the backdrop of a contracting global economy occasioned by the outbreak and the rapid spread of the Covid-19 Pandemic. The Pandemic and the attendant containment measures has led to contraction of the global economy disrupting businesses including international trade and leading to loss of livelihoods for millions of people globally. Global economic activity is projected to contract by to 4.9 percent in 2020 from a growth of 2.9 percent in 2019 with prospects across countries and regions remaining highly uncertain. The condition is same on the county level, the Pandemic and the containment measures have not only disrupted our ways of lives and livelihoods in the county, but to a greater extent business all the sectors haven highly affected. Therefore, in the medium term budget 2021/2022- 2022/2023 will be framed against background of this Coronavirus (COVID 19) pandemic challenges. The COVID 19 emergency response has presented unprecedented challenges in all aspect of life. Because of this challenge county have to coup up with reduced local revenue collection, delay in disbursement caused by shrinking national revenues and suspension of major development projects to fund challenges post by COVID 19.
Subject/ Keywords
Budget Preparation; Budget allocation; Financial Management; Revenue Allocation; Fiscal Performance
Publisher
County Government of GarissaSeries
CBROP;2020Collections
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