Kiambu County Budget Review and Outlook Paper 2021

Abstract

The 2021 County Budget Review and Outlook Paper (CBROP) is set against the backdrop of expected global recovery after a slump in 2020 occasioned by the negative effects of the COVID-19 pandemic. The Pandemic and the attendant containment measures has led to contraction of the global economy disrupting businesses leading to loss of livelihoods for millions of people globally. The fiscal performance in the FY 2020/21 was satisfactory despite the underperformance in revenue and elevated expenditures associated with the adverse impact of COVID-19 pandemic. The shortfall in revenue reflects the weak business environment as a result of the adverse effects of the COVID-19 pandemic and resultant containment measures adopted in March 2020 and levies incentives/tax relief measures that were implemented in 2020 to cushion people and businesses. In light of this, the fiscal policy supporting the FY 2021/22 budget is designed to support resilient and sustainable economic recovery as well as inclusive growth, mobilize resources and reduce the fiscal deficit. The County Government will continue with its policy on expenditure prioritization, implement the cost-cutting measures including reforms to boost revenues and align resources to programmes under the National plan on “Big Four” Agenda, CIDP 2018-2022 and those supporting the Economic Recovery Strategy.