Trans Nzoia County Budget Review and Outlook Paper 2019
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Publication Date
2019Author
Type
Budgetviews
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County Government of Trans Nzoia
Abstract/ Overview
This County Budget Review and Outlook Paper (CBROP) has been prepared in line with the Public Finance Management (PFM) Act, 2012 and Regulations. It presents the fiscal outcome for the 2018/19 financial year and how this affects the financial objectives set out in the 2019 County Fiscal Strategy Paper (CFSP). The updated macroeconomic outlook therein also provides us with a basis to revise the 2019/20 Budget in the context of the Supplementary Estimates, as well as set out the broad fiscal parameters for the 2020/21 budget and in the Medium term. Despite the challenges in the 151 half of financial Year 2018/19 caused by a stalemate in the Budget process, the county government closed the year satisfactorily despite the revenue shortfall and significant expenditure reprioritization.