Kwale County Fiscal Strategy Paper 2016

Abstract

This is the third County Fiscal Strategy Paper to be tabled in the County Assembly of Kwale under the new system of governance. This paper is prepared in consistent with the requirements of section 117 of the Public Finance Management Act(PFMA),2012.It outlines the broad strategic priorities and policy goals that will guide the preparation of the County Budget for financial year 2016/2017 and over the medium term. It will also provide up to date information on county performance, the sectors spending plans and ceilings and the projections of revenues and expenditure for 2016/17 and over the medium term. These coupled with the county's macroeconomic outlook will form a basis of the FY 2016/2017 county budget and the medium term. This document is expected to improve the citizens understanding of the County Government public finances and guide public debate on development matters among various stakeholders. Budget implementation over the past three years has had challenges mainly arising from delays in release of exchequer issues from the National Treasury, long public procurement procedures and under collection of local county own revenues below the set targets. Despite these challenges tremendous progress was made in county expenditure performance. Our economy is expected to grow as continued private investment is enhanced and tourism starts recovering. This CFSP will address the outstanding challenges which drag on our economic transformation agenda.