Nandi County Budget Review and Outlook Paper 2023

Abstract

The Nandi County Budget Review and Outlook Paper (CBROP) 2023 reviews budget implementation for FY 2022/2023 as well as projecting the broad outlook for County’s development agenda for FY 2023/2024. The CBROP provides a reflection of fiscal framework for chatting a strong basis for fiscal discipline and public funds accountability. The CBROP reminds us the need for maintaining an ideal balance between government receipts and expenditures. The significance of C-BROP is that it ensures the County Government reviews its previous year’s budget performance, the county and national economic-financial environment and how it’s likely to impact on the level of future revenues and to set preliminary sector ceilings in the light of the review of revenues. The 2023 Nandi County Budget Review and Outlook Paper (CBROP), has been prepared in accordance with section 118 of the Public Financial Management Act, 2012 presents the actual fiscal performance of the FY 2022/2023 as it makes comparisons to the budget appropriations for the same year as well as the updated economic and financial outlook to set out the broad fiscal parameters for preparation of the next budget.