Baringo County Budget Review and Outlook Paper 2017/2018

Abstract

This CBROP is prepared in accordance with section 118 of the Public Finance Management act 2012. It reviews the actual fiscal performance of the financial year 2016/2017 and makes comparison to the budget allocations in the same year. it presents the budget performance for the FY 2016/2017 and hoe the budget adhered to the fiscal responsibility principles and financial objectives as set out in the PFM act 2012. the updated fiscal forecasts therein also provide the basis to revise the FY 2017/2018 budget in the context of supplementary estimates set out in the broad fiscal parameters for FY 2018/2019 budget, the aspirations of the new administration and the Medium Term Expenditure Framework