Kericho County Budget Review and Outlook Paper 2021

Abstract

The County Budget Review and Outlook Paper (CBROP) 2020 has been prepared in line with Section 118 of the Public Finance Management (PFM) Act 2012. It presents the recent economic developments and actual fiscal performance of the FY 2020/2021 and makes comparisons to the budget appropriations for the same year. It further provides updated forecasts with sufficient information to show changes from the projections outlined in the latest County Fiscal Strategy Paper (CFSP), released in February 2021. In this Paper, we will also provide an overview of how the actual performance of the FY 2020/2021 affected the County’s compliance with the fiscal responsibility principles and the financial objectives.