Vihiga County Budget Review and Outlook Paper 2023
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Publication Date
2023Author
Type
Budgetviews
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County Government of Vihiga
Abstract/ Overview
The Public Finance Management Act Section 118 requires that the County Treasury to prepare the County Budget Review and Outlook Paper (CBROP) on annual basis. The CBROP has been prepared at a time when the County Government is implementing the Third Generation County Integrated Development Plan (CIDP 2023-2027), the Bottom- Up Economic Transformation Agenda (BETA) and Fourth Medium Term Plan. The CBROP further provides details of the actual budgetary performance of the previous financial year’s updates, the economic and fiscal forecasts and gives additional information on how the County adheres to fiscal responsibility principles. Fiscal discipline will seek to ensure that County departments and agencies are able to work towards prudent financial management that enhances financial efficiency and effectiveness. The County is committed to sustaining the trend in economic growth and development towards a prosperous and a model County. Towards this end, the County shall continue to ensure transparency and accountability in Public Finance Management.
Subject/ Keywords
Budget Framework; Budgetary Allocation; Fiscal Budget; Revolving Funds; Revenue Allocation
Publisher
County Government of VihigaSeries
CBROP;2023Collections
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