Migori County Budget Review and Outlook Paper 2015
Date
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
This is the second County Budget Review and Outlook Paper (CBROP 2015) for Migori County and a second of its kind under the new constitution that heralded the new governance structures of devolved governments. The Constitution and Public Financial Management Law enacted in 2010 and 2012 respectively ushered in a paradigm shift in budget making. Apart from introducing reforms in our public financial management system, the law entrenched the Medium-Term Expenditure Framework budgeting. The County Budget Review and Outlook Paper sets out the background and broad fiscal parameters for the FY 2015/16 budget and medium-term, consistent with County Government strategies and policies. The CBROP 2015 is prepared taking into account resources required for the implementation of a devolved government, which, among other things, provides for fiscal decentralization of resources to the County entities and reforms to several institutions. The ensuing MTEF resource allocation therefore will be critical in laying the foundation and setting the stage for full operationalization of the new devolved units within Migori County. The link between policy, planning and budgeting will become even more important under the new constitution and County Government Act 2012. As such, CBROP will continue to play a critical role in the preparation of budgets and management of public resources in the devolved system.