Migori County Budget Review and Outlook Paper 2016
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ByCounty Government of Migori
This is the fourth edition of the County Budget Review and Outlook Paper (CBROP), prepared by the County Treasury, outlines the progress made by the Migori County government in 2016/17FY. The CBROP takes a critical look at the underlying economic issues and proposes various options that should guide the process of budget formulation for the 2018/19 Financial Year. The paper highlights key challenges facing the county as it plans and implements the development priorities, giving recommendations to address those challenges. Prudent financial management in the county is ensured through balancing investment in productive sectors and protecting the gains from previous investment by instituting sustainability measures. The pace at which the county shall adhere to fiscal discipline remains a crucial factor in determining the pace of future growth of the country. In addition, the huge recurrent related expenses especially on wage bill and operations and maintenance continues to be a major challenge as the implementation of devolved system of governance continues. Therefore, the county’s growth trajectory will largely depend on how fast programme based budget is implemented as well as how quickly people and business get to full capacity and produce at optimum levels. The 2017/18 budget for Migori County must therefore strike a delicate balance of prioritizing critical expenditure subject to resource constraints; promoting the functionality of the devolved system of government to spur economic growth and enhancing poverty reduction and employment creation. Finally, this County Budget Review and Outlook Paper (CBROP) is expected to provide the basis to revise the 2017/18 budget in the context of the Supplementary Estimates, as well as set out the broad fiscal parameters for the next budget and medium term
Economic Issues; Budget Formulation; Devolved System of Governance; Economic Growth; Devolved System of Governance
PublisherCounty Government of Migori
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