Homa Bay County Fiscal Strategy Paper 2023

Abstract

The preparation of this Homa Bay County Fiscal Strategy Paper is a requirement under section 117 of PFM Act of 2012. The paper sets out the county priority programmes to be implemented during the Financial Year 2023/2024 and over the MTEF period. The document is aligned to key National and County policy documents which include but are not limited to; the Kenya Vision 2030, MTP IV 2023-2027, Homa Bay County Integrated Development Plan (CIDP 2023-2027) and Homa Bay County Annual Development Plan (CADP 2023/2024). The general election of August 2022 ushered in the “Genowa” Government whose main thrust has been to unlock the endless potential for accelerated and sustainable growth in Homa Bay County. Across the spectrum of this new administration, there is a strong belief that there is no limit, no maximum and no end to what can be achieved by simply opening the door to the county’s full potential. Whereas the success of the county government remains constrained by inadequate financial resources, high unemployment rates, lingering political issues and the global economic bottlenecks, the CFSP 2023 has captured a raft of measures geared towards addressing those constraints. The measures are consistent with the National Government priority programs, strategies and policies especially those captured in the Budget Policy Statement for the FY 2023/2024.