Nyandarua County Budget Review and Outlook Paper 2015

Abstract

The preparation of the Nyandarua County 2015/2016 County Budget Review and Outlook Paper (CBROP) by the County Treasury is provided in Section 118 of the Public Finance Management Act, 2012 (PFMA). It provides a review of the 2014/2015 financial year’s fiscal performance and together with updated macroeconomic outlook, provides a basis for the indicative resource allocation framework for the 2016/17 financial year. This CBROP seeks to promote fiscal discipline as well as to lay the criteria for resource allocation. The criteria has taken into cognizant county goals in reducing poverty levels and stimulating employment by re-orienting expenditure to the high impact areas and reducing on non-priority spending. To realize the above, the County government is committed to implement high-impact and sustainable projects/programmes that would ensure stable and sustainable economic growth. This will also entail prudent financial appropriation, enhance revenue collection and instill budget control mechanism.