Nandi County Programme Based Budget 2022/2023

Abstract

The FY 2022/23 Programme Based Budget has been prepared in compliance with the Constitution of Kenya 2010 and the Public Finance Management Act, 2012. It has also been prepared in line with the National Budget Policy Statement (BPS 2022) and on the basis of the County Integrated Development Pan (2018-2022), FY 2022/23 County Annual Development Plan, the County Fiscal Strategy Paper 2022/23 and the views and proposals of stakeholders and residents of Nandi. The Budget outlines key priority programmes to be funded by the County Government in FY 2022/2023 and provides projected estimates for the Medium Term with clearly defined outcomes, priority objectives, expected outputs, performance indicators and targets for the identified programs. This Budget Estimates have been prepared against a background of a moderate global growth of 4.4 8 percent from a recovery of 5.9 percent in 2021. The global economy contracted by 3.1 percent in 2020 following the outbreak of COVID-19 Pandemic. However, there are risks to this growth outlook largely from possible re-emergence of COVID-19 pandemic and the ongoing conflict in Eastern Europe. Kenya’s economy demonstrated remarkable resilience to the COVID-19 shock in 2020 and a staged strong recovery in 2021. Following the easing of COVID-19 restrictions, reopening of the economy as well as targeted stimulus interventions by the Government, the economy registered strong recovery of 9.9 percent in the third quarter of 2021.