Tharaka Nithi County Fiscal Strategy Paper 2015

Abstract

In this County Fiscal Strategy Paper (CFSP) we outline broad strategic priorities and policy goals of County Government for implementation in financial year 2015/2016 and the Medium Term. The economic growth through optimal utilization of resources strategy comprises of three main pillars that aims at spurring the economic growth of the county through: (i) Creating conducive business environment that encourages innovation, growth and investment; (ii) increasing investment in agricultural transformation to enhance food security, reduce prices and spur growth in trade; (iii) investment in infrastructure in roads, energy and water to reduce the cost of doing business in order to improve competitiveness; (iv) investing in quality and accessible healthcare and other social services; and (v) devolving services to sub-county to improve service delivery and enhance equitable economic development. The expenditure policy framework in the medium term aims at ensuring efficiency and effectiveness in the implementation of our development policies. As outlined in CFSP 2014, this paper is part of efforts by County Treasury to link policy with budgeting, deepening reforms in the expenditure and financial management, and containing growth of non-priority expenditures in order to create fiscal space for financing priority policy areas such as the social sectors, agriculture and physical infrastructure, which are key to sustainable economic growth and development.