Samburu County Budget Review and Outlook Paper 2023

Abstract

The County Budget Review and Outlook Paper (CBROP) is both a forward and backward looking policy paper that captures 3 key elements. these include the review of budget performance from the recent financial year, updated expectations for key economic indicators and implications for budget performance in the current year and upcoming year and proposed sector distribution of the budget for the coming year, Section 118 of the PFM act requires the county treasury to prepare the CBROP for every financial year specifying the details of the actual fiscal performance in the previous year update the economic and fiscal forecasts and provide information on how the county adhered with the financial objectives and the fiscal responsibility principles. in the FY 2022/23, the county achieved 99% i. e Ksh 6.979 billion targeted revenues. This was contributed by receipt of funds from conditional grants that were not initially budgeted in the period. on the own source revenue, the stream had 226 million against the budget of 240 million.