Tharaka Nithi County Budget Review and Outlook Paper 2013/2014

Abstract

The objective of the CBROP is to provide a review of the previous fiscal performance and how this impacts the financial objectives and fiscal responsibility principles as set out in the PFM Act, 2012.This together with updated macroeconomic outlook provides a basis for revision of the current budget in the context of Supplementary Estimates and the broad fiscal parameters underpinning the next budget and the medium term. Details of the fiscal framework and the medium term policy priorities will be firmed up in the County Fiscal Strategy paper 2015. The CBROP is a key document in linking policy, planning and budgeting. The Tharaka Nithi County Government embarked on preparing the County Integrated Development Plan (CIDP) that guides budget preparation and programming for the MTEF 2014-15 to 2017-18. In the interim, this year’s CBROP is embedded on the 2013-14FY Budget which was approved by the County Assembly, implemented partly by Transitional Authority and newly appointed staffs of the County Government, and taking into account emerging challenges in the transition to a devolved system of government. On the dawn of the Constitution of Kenya on August 2010 and subsequent successive general on 4th March 2013, the County Government of Tharaka Nithiprepared the County Integrated Development Plan that establishes programmes for the current Medium Term Expenditure Framework (MTEF) with a particular focus on development infrastructure and integrated development in the county. The updates on macroeconomic outlook will be firmed up in the County Fiscal Strategy Paper 2015 to reflect any changes in economic and financial conditions.