Nandi County Budget Review and Outlook Paper 2022

Abstract

The 2022 Nandi County Budget Review and Outlook Paper (CBROP), has been prepared in accordance with section 118 of the Public Financial Management Act, 2012 presents the actual fiscal performance of the FY 2021/2022 as it makes comparisons to the budget appropriations for the same year as well as the updated economic and financial outlook to set out the broad fiscal parameters for preparation of the next fiscal year‘s policy documents. This paper is a vital document as it details the fiscal/budgetary outcome for 2023/2022 financial year and how this affects the financial objectives set out in the 2022 County Fiscal Strategy Paper (CFSP). The updated macroeconomic outlook therein also provides us with a basis for revising the 2022/2023 budget in the context of the Supplementary Estimates, in line with the county government‘s strategic priorities over the medium term. Consequently, the County Fiscal Strategy Paper (CFSP) for 2023 will set ceilings to allocate available resources to departments as well as set expenditure priorities.