Homabay County Fiscal Strategy Paper 2021

Abstract

The preparation of this Homa Bay County Fiscal Strategy Paper is a requirement under section 117 of PFM Act of 2012. It sets out the county priority programmes to be implemented during the financial year 2021/2022 and over the MTEF period. The document is aligned to key National and County policy documents which include and not limited to; the Kenya Vision 2030, MTP III 2018-2022, Homa Bay County Integrated Development Plan (CIDP 2018-2022) and Homa Bay County Annual Development Plan (CADP 2021/2022). Despite the marginal gains in infrastructure, agricultural production and ICT sectors of the economy, the county economy largely suffered a beating as a result of macroeconomic effects of Covid-19. To build back better, the main focus of the CFSP 2021 will thus be on accelerating post-covid socio-economic recovery in the County. In that respect, it is imperative that the County’s Covid-19 response strategy is implemented so that a more inclusive growth, economic stability and support are provided to the private sector. This will include providing financing, training, and equipment among other offerings to micro and small enterprises in the county.