Kisumu County Budget Review and Outlook Paper 2021/2022

Abstract

The County Budget Review and Outlook Paper (CBROP) is one of the budget policy documents that enhance financial discipline and fiscal responsibilities within the county’s financial management framework as provided for in the Public Finance Management Act (PFM) Act 2012. The CBROP presents the fiscal outcome for the most previous Financial Year and how these outcomes affect financial objectives set out in that year’s County Fiscal Strategy Paper (CFSP). In the paper, the County is re-emphasizing the Government’s fiscal policy strategy, which focuses on maintaining a strong revenue effort and shifting composition of expenditure from the recurrent to productive capital expenditure and optimally ensuring efficiency and effectiveness in the use of public resources. A strategy that recognizes the need to strike a balance between growth and fiscal sustainability, with emphasis on higher investments in social sectors and infrastructure development for a stronger and more durable growth tomorrow.