Laikipia County Budget Review and Outlook Paper 2020

Abstract

The 2020 County Budget Review and Outlook Paper(C-BROP) has been prepared in accordance with the Public Finance Management (PFM) Act, 2012 and the PFM (County) Regulations 2014. The paper's main focus is enhancing efficiency in resource mobilization and budget implementation. This is achieved through the realistic review of the mobilization of county revenues, their allocation and utilization in order to ensure that such resources have greater impact in addressing the needs of the citizenry. The 2020 Budget Review and Outlook Paper is set against the backdrop of a tough global and national economy occasioned by the outbreak and the rapid spread of the COVID-19 Pandemic. The pandemic has adversely impacted on global economy due to imposition of containment measures and disruption of businesses leading to loss of livelihoods for millions of people. In Laikipia, COVID 19 pandemic has affected the wellbeing of citizens and increased the number of poor and vulnerable households. In particular, the pandemic has adversely affected the micro and small businesses leading to an estimated 50-60% loss in income and employment while agriculture and livestock markets have contracted by 20-30%. Other sectors adversely affected include tourism and hospitality, horticulture and floriculture, public transport and education sectors.