Garissa County Fiscal strategy Paper 2021

Abstract

This paper highlights the outcome of the previous financial year and also realigns itself to the broad National objectives as defined in the budget policy statement (BPS).It also contains vital information on: Macro-economic policy and plans; overall fiscal strategy, such as cumulative revenue projections; the resource envelope for the medium term; County overall priority interventions and proposed departmental expenditure in the medium term expenditure Framework The County fiscal and strategy paper 2021 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. 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 of our local Economy. Therefore, the County Fiscal Strategy Paper 2021 and medium term budget 2021/2022- 2022/2023 will be framed against background of this Coronavirus (COVID 19) pandemic challenges that include reduced local revenue collection, delay in disbursement caused by shrinking national revenues and re allocation or prioritization of development projects. The government will therefore roll out post COVID 19 Economic Recovery strategy in order to mitigate the adverse impact of the pandemic on the local Economy.