Nyeri County Fiscal Strategy Paper 2024

Abstract

the County Fiscal Strategy Paper (CFSP) is a county government policy document that sets out the broad strategic priorities and policy goals that will guide the county departments and entities in preparing their budgets, both the following financial year and over the medium term. it looks at how the past and present settings can inform the future. In the paper, there is an indication on how adherence to the fiscal financial responsibility principles, prudency and transparency in management of public resources will be achieved in line with the constitution and the PFM act of 2012 are underlined. section 117 of the PFM act 2012 provides that county treasury shall prepare and submit to the county executive committee the CFSP for approval. Subsequently, the approved CFSP is submitted to the county assembly by 28th of February each year. the county assembly shall not later than 14 days the CFSP if submitted table and discuss a report containing its recommendation and pass a resolution to adopt it without amendments. The county executive member for finance shall take into account resolutions passed by the county assembly in finalizing the budget for the FY 2024/2025