Nyandarua County Fiscal Strategy Paper 2015

Abstract

TSince the dawn of devolution, just under two years ago, the Nyandarua County government has financed a massive expansion of services to all citizens of the County, with a particular focus on the poor who are largely engaged in the agricultural sector. We have done so in a sustainable way, ensuring that our public finances remained healthy so that we could continue doing our part in building the society envisioned in the Kenya vision 2030. The 2015 Medium Term Budget Policy Statement provides a roadmap to safeguard the county public finances. Since the three- year moratorium on county debt is still in force, the county government proposes a fiscal package that balances the expenditure ceiling with increased tax revenue over the next two years. This will ensure that there is no budget deficit for the county. Continued fiscal consolidation will secure the county public finances on a sustainable footing but we will also approach budgeting for the next financial year with a greater focus on long-term expenditure planning and alignment with the national government’s policy objectives. In considering these proposals, we must emphasize that containing expenditure growth will not compromise front-line services. Key social programmes will be protected and the county government will continue to roll out its capital investment programme especially in the roads sector as well as construction of county buildings to bring services closer to the people.