The first County Fiscal Strategy Paper (CFSP) under the County’s new administration led by H.E Gov. Mohamud Mohamed Ali is ready. The paper sets out the policy goals and strategic priorities that will form the basis for formulation of County’s Financial Year 2018/19 budget and the Medium Term.
The Paper is prepared in accordance with the Public Finance Management Act, 2012. The County priorities and goals outlined herein are based on the Governor’s Manifesto and the transformative agenda pursued by the county leadership as well as sectoral plans and the National Government’s ‘The Big Four Plan’ as contained in the 2018 BPS; all anchored on the Vision 2030, Kenya’s development blue print.
The county government recognizes the importance of planning and the close linkages between policy, planning and budgeting. In this regard, the county Treasury has already embarked on the preparation of the 2nd generation County Integrated Development Plan (CIDP) covering the period 2018-2022. The CIDP will capture our shared vision and aspirations for the next five years and beyond as the county administration strives to steer the county towards economic prosperity.
The fiscal framework presented in the paper for the medium term will guide the County government in ensuring that there will be efficiency and effectiveness in the implementation of our development policies. As outlined in the previous CFSP 2017, this paper is part of efforts by the County Treasury to continue with expenditure and financial management reforms as well as containing growth of non-priority expenditures in order to create fiscal space for financing priority policy areas. The county government will enhance the budgetary allocations to the productive sectors and closely monitor implementation of projects and programmes that will have the desired impact on the lives of our people. These sectors will no doubt help in unlocking the economic potential of Marsabit County. The 2018 CFSP lays the foundation for our transformative agenda for the medium term and will guide the preparation of the FY 2018/19 budget. We remain alive to the fact that achievement of our shared objectives calls for greater transparency, effectiveness and efficiency in public financial management in order to ensure fiscal discipline.
Click the Link below to download the document.
County Fiscal Strategy Paper 2018