Elgeyo Marakwet Budget Review and Outlook Paper 2018

Abstract

The County Budget Review and Outlook Paper (CBROP) is a policy document that reviews the performance of the previous financial year. This document covers the period 2017/2018 financial year. This 2018 CBROP is the fifth after the enactment of devolved governance following the implementation of Constitution of Kenya, 2010. It presents the fiscal framework which provides a strong basis for building a common future regarding Fiscal discipline and accountability. The CBROP presents the fiscal outcome for 2017/2018 FY and shows how these outcomes affected financial objectives set out in 2017 County Fiscal Strategy Paper (CFSP). CBROP is one of the budget policy documents that enhances financial discipline and fiscal responsibilities within the county’s financial management framework as provided for in the Public Finance Management Act (PFM) Act 2012. Fiscal discipline will seek to ensure that the county’s programs, sub-programs and development priorities work harmoniously towards ensuring sustainable economic growth and development. This will further lead to socio-economic wellbeing of county citizens.