Muranga County Budget Review and Outlook Paper 2022
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Publication Date
2022Author
Type
Budgetviews
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County Government of Muranga
Abstract/ Overview
The County Budget Review and Outlook Paper (CBROP) 2022 has been prepared in line with section 118 of the Public Finance Management (PFM) Act 2012 which requires the county government to prepare the County budget review and outlook paper in respect for each financial year. This CBROP reviews fiscal performance of the county for the 2021/22 financial year while comparing it with the budget appropriation for the same year. In addition, it provides information on changes in forecasts as indicated in the County Fiscal Strategy Paper (CFSP) 2022; and how actual financial performance for the previous financial year may have affected compliance with the fiscal responsibility principles, or the county financial objectives for that year. It further gives reasons for any deviation from the county financial objectives in the fiscal strategy paper together with proposals to address the deviations. Most importantly, this CBROP is the final one reviewing the performance of the County Government in implementing the second generation CIDP and also provides the future outlook for the remaining implementation period 2023/24 and beyond.