Narok County Fiscal Strategy Paper 2020

Abstract

The 2020 County Fiscal Strategy Paper (CFSP) is prepared based on the Second Generation CIDP covering the 2018-2022 phase of planning in the county. The Narok CIDP for 2013-2017 was the baseline for the development of CIDP 2018-2022 which is currently in its Second year of implementation. The 2020 CFSP is set to execute the development strategies for year three in the implementation ofNarok CIOP. The 2020 CFSP is coming at a time when the third Medium Term Plan (MTP III) of the Kenya Vision 2030 for the period 2018-2022 is also in its implementation stage. It's also comes after the release of the Gross County Product (GCP) 2019 by the Kenya National Bureau of Statistics (KNBS). This makes it possible to set macroeconomic related targets in terms of increasing GCP growth rate and county contribution to national economy. The policy paper is to guide the preparation of budget estimates for implementing policy goals, priority programs and fiscal framework for FY 2020/21 and the medium term period. As a result, the policy goals, priority programs and fiscal framework in this CFSP are revised to reflect emerging realities and priorities for promotion of growth and development in the county