The 2025 Mombasa County Fiscal Strategy Paper (CFSP) is the third to be prepared under the new Administration. It is based on the framework of the Bottom-up Economic Transformation Agenda (BETA) of the Kenya Kwanza Government and anchored on the Fourth Medium Term Plan of the Vision 2030. It sets out the Administration’s priority programs, policies and reforms to be implemented in the Medium-Term Expenditure Framework (MTEF). BETA is the Government’s transformation agenda geared towards economic turnaround through a value chain approach. It is based on investing the limited capital available where it will create the most jobs at the bottom of the pyramid. The CFSP is framed against a backdrop of stable global and domestic economic outlook. Global growth is projected at 3.2 percent in 2024 and 3.3 percent in 2025 from 3.3 percent in 2023. The outlook reflects economic recovery in China, Euro area and UK, despite a slowdown in activity in the USA and Japan. On the domestic front, the Kenyan economy has remained resilient despite the challenging domestic and external environment. The focused interventions and structural reforms of the Government under BETA have stabilized the economy and supported economic recovery to 5.6 percent in 2023 from 4.9 percent in 2022 following a strong rebound in agriculture after two years of severe drought. Additionally, macroeconomic fundamentals have strongly rebounded and are projected to continue on an upward trajectory. Economic growth is estimated to have slowed down to 4.6 percent in 2024 from a growth of 5.6 percent in 2023 reflecting deceleration of economic activities in the first three quarters of 2024 and the slowdown in private sector credit growth to key sectors of the economy. Growth is expected to pick up to 5.3 percent in 2025 and retain the same momentum over the medium term largely driven by: enhanced agricultural productivity; resilient services sector, and ongoing implementation of priorities under BETA. This CFSP identifies the broad strategic priorities and policy goals that will guide the County Government in preparing its budget for Financial Year (FY) 2025/2026 and the Medium Term in accordance with the Public Finance Management Act 2012, section 117(1) which stipulates that the County Treasury should prepare the Fiscal Strategy Paper for the County.