Nakuru City County Fiscal Strategy Paper 2015

Abstract

The Public finance management Act 2012 requires County Government to state or reaffirm its long-term objectives for fiscal policy in the annual County fiscal strategy paper. Section 107 (b) of the Act sets out the long term fiscal principles to ensure prudency and transparency in the management of public resources .The 2015 County Fiscal Strategy Paper (CFSP) the second in the County set out the priority programs to be implemented under the Medium Term Expenditure Framework (MTEF). The theme under the 2015 CFSP is Sustaining of Economic Excellence agenda. In achieving this theme the County has reaffirmed the six strategic priorities adopted in 2014 CFSP. This comprised of the following: I) creating an enabling environment for business and private sector participation in County Economic growth and development. ii) Development of County physical and social infrastructure facilities including feeder roads, water, ICT to stimulate growth. iii) Promotion of health services through investing in quality and affordable health services. IV) Promotion of value addition for agricultural produce, food security and environmental conservation. V) Promotion of equitable social economic development for county stability VI) Enhancing governance, transparency and accountability in the delivery of public goods and service by promoting participation of the people in governance