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.