West Pokot County Fiscal Strategy Paper 2016

Abstract

The 2016 Fiscal Strategy Paper for West Pokot County sets out the administration’s priority programs to be implemented in the Medium Term Expenditure Framework under the devolved system of government. It has been prepared by the County Government as part of its efforts to ensure effective linkage between policy, planning and budgeting. It provides an updated resource envelope of Ksh. 4.54 Billion for the FY 2016/2017 County budget, presents a fiscal framework and ministerial ceilings for the fiscal year and the medium term. It has been informed by the priorities identified in the Second Medium Term Plan of Vision 2030 and county integrated development plan which was developed through a participatory process. The world economy is estimated to have grown by 3.3 per cent in 2014.Kenya’s growth remains strong, supported by significant infrastructure investments, construction, mining, and lower energy prices and improvement in agricultural productivity. The economy grew by 5.3 percent in 2014 and is projected to expand by 5.6 percent in 2015, 6.0 percent in 2016 and 6.5 percent in the medium term. Macroeconomic stability has been preserved with inflation remaining on average within target.