Trans Nzoia County Fiscal Strategy Paper 2022

Abstract

This paper has been prepared in accordance with article 117 of the PFM Act and has taken cognizance of the fiscal responsibility principles as outlined in the PFMA and the Constitution of Kenya pertaining to the county budget process in terms of content, timelines, key players and stakeholder involvement. This County Fiscal strategy presents an overview of the current county socio economic setting of the county’s economy in relation to the prevailing National scenario, outlines implication on current fiscal framework as well providing insight for the financial year 2022/23 budget proposals and the MTEF period. The County fiscal strategy paper links policy, planning and budgeting. This strategy has been informed and seeks to achieve the aspirations of the National development goals key among them the Vision 2030 (implemented through the MTPs), the County Integrated Development Plan 2018-2022, the national fiscal framework and “the Big four” and the post Covid 19 Economic Recovery Strategy (ERS). The strategy is also informed by goals outlined in international commitment namely the SDGs.