Kiambu County Budget Review and Outlook Paper 2016

Abstract

The County Budget Review and Outlook Paper (CBROP) have been prepared in accordance with the Public Finance Management Act (PFMA), 2012 and is the Fourth to be prepared by Kiambu County Government. The Paper reviews and analyses actual fiscal performance of the 2015/16 Financial Year (FY) while presenting the recent economic developments. Further, it provides updated forecasts with sufficient attention to changes from the projections outlined in the 2016 County Fiscal Strategy Paper (CFSP). It also looks at the overview of how the actual performance of the FY 2015/16 budget impact on compliance with the fiscal responsibility principles and the financial objectives as detailed in the 2016 CFSP. As a County we continue to focus on revenue mobilization while ensuring resource allocation shifts from recurrent to capital expenditures while ensuring efficiency and effectiveness of public resources. The government will continue to emphasis on fiscal policy strategy that recognizes the need to strike a balance between service delivery and fiscal sustainability, with emphasis on higher investments in human health, infrastructure development, agriculture and good governance for a stronger and more robust growth for the future.