Mombasa County Budget Review and Outlook Paper 2024

Abstract

he Mombasa County Budget Review and Outlook Paper (CBROP) 2024, the second to be prepared under the new Administration, is the first to implement the County Integrated Development Plan (CIDP) 2023/27 which is also anchored on the framework of the National Government’s Bottom-up Economic Transformation Agenda (BETA). The paper sets out the Administration’s priority programs, policies and reforms to be implemented in the Medium-Term Expenditure Framework (MTEF). The priority policies, programmes and projects under the CIDP 23/27 themed “Mombasa - A New Beginning; Voice of the People” will be implemented through Annual Development Plans (ADPs) and are also linked to the Fourth Medium-Term Plan for the period 2023-2027 that realizes the Kenya Vision 2030 that will prioritize implementation of economic recovery strategies of the new Administration to reposition the economy on a steady, inclusive and sustainable growth trajectory. The Mombasa 2024 CBROP is mirroring the National Government’s Budget Review and Outlook Paper 2024, has been developed against a backdrop of stable global and domestic economic outlook. Global growth is projected at 3.2 percent in 2024 and 3.3 percent in 2025 from 3.3 percent in 2023. The outlook reflects economic recovery in China, Euro area and UK, despite a slowdown in activity in the USA and Japan.