Nyandarua County Budget Review and Outlook Paper 2018

Abstract

The Annual Nyandarua County Budget Review and Outlook Paper (CBROP) 2018 in line with Section 118 Public Finance Management Act, 2012, has reviewed the actual fiscal performance of the FY 2017/18 and makes comparisons to the Budget appropriations of the same year. Further it captures updated economic and financial forecast with sufficient information that has provided an outlook of the County in the FY 2019/20 and the Medium Term. The preparation of this Paper is the Second under the CIDP 2 (2018-2022). This Paper has also provided an overview of how the actual performance of the FY 2017/18 affected the financial objectives as detailed in the County Fiscal Strategy Paper (CFSP), 2018. The anticipated performance of the FY 2018/19 Budget will form the basis for projecting the FY 2019/20 Budget based on the recent economic developments. It is anticipated that, the projected revenue and expenditure for 2018/19 will be achieved through strict expenditure controls and enhanced revenue collection mobilization measures. This will be achieved through fiscal discipline to ensure proper management of public resources and delivery of expected outputs.