Nairobi City County Fiscal Strategy Paper 2022
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Publication Date
2022Author
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County Government of Nairobi
Abstract/ Overview
The Nairobi County Fiscal Strategy Paper is prepared pursuant to section 117(1) and (6) of the Public Finance Management Act (PFMA), 2012, and will provide the fiscal policy direction towards the budget 2022/2023. This CFSP 2022 will be the final policy paper towards the implementation of the CIDP 2018-2022, and focus remains on the finalization of the county’s eight development objectives, while at the same time targeting the County’s development path towards sustained recovery and improvement of livelihoods in consonance with the Budget Policy Statement 2022. The 2022 Fiscal strategy paper depicts a paradoxical environment characterized by optimism of overcoming the Covid-19 Pandemic and subsequent economic recovery on one hand, and increased economic uncertainties that has doggedly afflicted the economy in election years on the other. High optimism is however embraced in this policy, with positive revenue returns envisaged, together with an anticipated increased expenditure and resultant improvement in service delivery.