Elgeyo Marakwet County Budget Review and Outlook Paper 2021

Abstract

FOREWORD The County Budget Review and Outlook Paper (CBROP) is a policy document that reviews the performance of the previous financial year. This document covers 2020/2021 financial year. 2021 CBROP is the eighth after the enactment of devolved governance following the implementation of Constitution of Kenya, 2010. It presents the fiscal framework which provides a strong basis for building a common future regarding Fiscal discipline and accountability. The CBROP presents the fiscal outcome for 2020/2021 FY. It is one of the budget policies documents that enhances financial discipline and fiscal responsibilities within the county’s financial management framework as provided for in the Public Finance Management Act (PFM) Act, 2012. further, the county is committed to ensuring that there is transparency and accountability by providing feedback on the county’s performance indicators as required by the Constitution of Kenya, 2010, the Public Finance Management Act, 2012 and County Public Finance Management Regulations Act, 2015. Fiscal discipline will seek to ensure that the county’s programs, sub-programs and development priorities work harmoniously towards ensuring sustainable economic growth and development. This will further lead to socio-economic wellbeing of county citizens. The initiatives also work toward improving the residents’ livelihoods by instituting mechanisms that enhance financial efficiency and effectiveness. The county is committed to maintaining the trend of economic growth and development as desired by the residents.