Nyamira County Budget Review and Outlook Paper 2016

Abstract

The County Budget Review and Outlook Paper (CBROP) isprepared in accordance with Public Financial Management Act, 2012. It is the fourth to be prepared under the devolved system of Government. It presents the fiscal outcome for FY 2015/16 and how this affects the financial objectives set out in the 2016/17 budget. The updated macroeconomic outlook therein provides a basis to revise the 2016/17 budget in the context of the Supplementary Estimates, as well as setting out the broad fiscal parameters for the next medium term framework budget. The 2015/16 FY had its fair share of challenges arising from the county operating on a 50% budget for the larger part of the year. Despite these challenges, the overall performance of the county was satisfactory. The lessons learnt will inform county management decisions aimed at improving the county’s performance in the medium term. In order to build on the successes of the 2015/16 FY, the county will continue to invest on priority areas as envisaged in the 2016 Fiscal Strategy Paper despite expenditure pressures from other competing sectors.