Isiolo County Budget Review and Outlook Paper 2017

Abstract

This County Budget Review and Outlook Paper (CBROP), is prepared in accordance with the Public Finance Management (PFM) Act, 2012 and is the fifth under the devolved Administration. It presents a review of the Budget performance for Financial Year 2016/17 and how the budget adhered to the fiscal responsibility principles and financial objectives as set out in the PFM Act, 2012. The updated Macro-Economic and Fiscal forecasts therein also provides the basis to revision of the Financial Year 2017/18 budget in the context of Supplementary Estimates, as well as set out the broad fiscal parameters for the Financial Year 2017/18 budget and the medium term plan.