Meru County Budget Review and Outlook Paper 2022

Abstract

The 2022 CBROP presents updated economic and financial forecasts with sufficient information to inform the budget proposals for the next financial year. It also reviews previous year’s budget and provides an outlook for the forthcoming budget year. The paper examines recent economic developments and fiscal performance in FY 2022/23 against corresponding appropriations. This entails analysis of total revenue collected versus projected revenue and highlighting the causes for deviations. The analysis also includes expenditure performance of county departments with highlights on actual performance of FY 2021/22 and its compliance with the fiscal responsibility principles in the PFM Act of 2012. Additionally, the paper provides an overview of how the actual performance of the FY 2021/22 affected the financial objectives as detailed in the 2022 County Fiscal Strategy Paper (CFSP) CBROP 2022 is informed by views of the following plans; Meru County Annual Development9ADP), County Integrated Development Plan (CIDP), Governments Manifesto, Meru Vision 2040, the “Big Four Agenda” and Kenya Vision 2030