Kilifi County Budget Review and Outlook Paper 2017

Abstract

Preparation of this County Budget Review and Outlook Paper (CBROP), 2017 complies with Section 118 of the Public Finance Management (PFM) Act, 2012. This section of the law provides for the preparation of this critical document within which planning, budgeting and execution of programmes is managed and specifies the contents therein. In view of the foregoing therefore, this CBROP reviews recent economic developments and actual fiscal performance of the FY 2016/17 against corresponding budget appropriation. It also highlights how the actual performance of FY 2016/17 complied with fiscal responsibility principles under the PFM Act, 2012 and PFM (County Government) Regulations, 2015. Finally, this paper provides the basis for revision of FY 2017/18 budget in the context of Supplementary Budget and the broad fiscal parameters underpinning FY 2018/19 budget and the medium term...