Meru County Budget Review and Outlook Paper 2019
View/ Open
Publication Date
2019Author
Type
Budgetviews
downloads
Metadata
Show full item recordBy
County Government of Meru
Abstract/ Overview
The preparation of this County Budget Review and Outlook Paper [CBROP] 2019 has followed the guidelines as per the County Budget Operational Manual that stipulates its format, structure and contents. More importantly, the preparation has adhered to Section 118 of the Public Finance Management (PFM) Act 2012 which gives guidelines on preparation of CBROP. This policy paper reviews fiscal performance of the county for the 2018/19 Financial Year [FY] while comparing it with the budget appropriation for the same year. Moreover, it provides information on changes in the forecasts compared with the recent County Fiscal Strategy Paper (CFSP) and how actual financial performance for the previous financial year may have affected compliance with the fiscal responsibility principles, or the financial objectives in the County Fiscal Strategy Paper for that financial year. It further gives reasons for any deviation from the county financial objectives in the fiscal strategy paper together with proposals to address the deviations.