Baringo County Fiscal Strategy Paper 2019
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County Government of Baringo
Abstract
The preparation of this County Fiscal Strategy paper was done in the backdrop of reduced funding from the national government and meagre though steady rise of the local revenues. Though the strategies outlined in this policy statement are noble in pushing the county and the national agenda forward, there is a decrease in the Equitable share of Kes 5.086 Billion in 2018/19 Financial Year to Kes 4.991 as proposed in the National Policy Budget Statement. Local revenue sources performance has not matched the increasing demand on expenditure as staff emoluments keep on putting pressure on the fiscal sustainability.
Description
Keywords
Economic Development, Economic Growth, Big Four Agenda, Inclusive Growth, Sustainable Development