Muranga County Fiscal Strategy Paper 2022

Abstract

Murang’a County Fiscal Strategy Paper (CFSP) 2022 is the fifth during the implementation period of the 2nd generation County Integrated Development Plan (CIDP) 2018-2022. It highlights the legal framework underlying the fiscal responsibility for the County Government, sets out the broad County strategic priorities and goals for the FY 2022/2023, and reviews the current economic developments. The strategic priorities for the year are informed by the submissions during public participations, the Governor’s manifesto, the second generation CIDP 2018-2022, MTP III (Big Four Agenda), Kenya Vision 2030, and the Sustainable Development Goals (SDGs). Revenue estimates and expenditure proposals take cognisance of the County’s national and global economic situation and outlook over the medium term. The Paper identifies priority sectors to enhance and sustain the economic development prospects and trajectories of the County. The major sectors identified include; Agriculture, Health & Sanitation, Youth Empowerment, Water & Irrigation, Roads & Infrastructure. In identifying and allocating financial ceilings for the FY 2022/2023, the criteria takes into account the prevailing Covid 19 pandemic, sectors that can spur and accelerate re-emergence of the County economy, efficiency as well as the overall cost of operations in all departments. Implementation of the FY 2021/22 County budget is on course. However, the performance is lagging behind targets majorly attributable to the impacts of the pandemic. By the end of December 2020, the County has received Kshs. 3.542Bn. The County Government expects to spend a total of KShs. 9,249,740,943 in the period 2022/23. Out of this, own-source revenue is expected to account for 7.5% of the total revenues. Budgetary allocation ceilings for FY 2022/23 are based on revenue growth, budget 2022/2023, and priorities outlined in key planning documents. The County Government shall allocate 10.4% of the budget to Agriculture Livestock and Fisheries,9.7% to Transport and Infrastructure, 6.8% Education, and 41.4% to Health and Sanitation.