COUNTY GOVERNMENT OF TURKANA OFFICE OF THE COUNTY EXECUTIVE FINANCE AND ECONOMIC PLANNING COUNTY FISCAL STRATEGY PAPER 2021

Publisher Council of Governors (CoG)
Year of Publication 2021
Category
County Turkana
Description

One of the key stages in the County budget preparation cycle is the production of the CountyFiscal Strategy Paper (CFSP). It sets out the county policy goals and strategic priorities that willbe the basis for formulation of the Countys Financial Year 2021/2022 budget and the Medium-term projections. It is intended to foster the implementation of the 2nd generation CIDP (2018-2022) and the MTP III (2018-2022). This is an annual planning document that shows the variousFiscal strategies that the County Government of Turkana intends to employ to meet its overallobjective of improving the livelihoods of its citizens.Consequently, through this document the County Government has set out priorities which willlead to the realization of the governors manifesto with emphasis on food security, infrastructureand accessibility to quality water, health care, education and partnerships building over themedium-term period. These priorities are based on the second generation CIDP (2018-2022),Annual Development Plan (ADP) 2021-2022, the Kenya Vision 2030 and the MTP III. Thefinalization of this CFSP 2021 was informed by the provisions and guidelines as per the PFMAct 2012 and the PFM (County Government Regulations 2015).As a build-up on the County Budget Review and Outlook Paper (CBROP) 2020, which analyzedthe performance in the FY 2019/2020 financial years budget, scanned the current years fiscalenvironment and provided an outlook for the FY 2021/2022 and the medium term, this CFSPshows the allocation of resources in all sectors and departments.The main sources of County revenue, in the medium term, will be the equitable share,conditional grants, local revenue collections and donor funding. The paper covers the followingbroad areas; highlights of the recent economic developments and the economic outlook; broadstrategic priorities and policies for the Medium-Term Fiscal Framework. The fiscal frameworkpresented in the paper ensures a sustainable financing while allowing continued spending onpriority programs. Achievement of the set objectives calls for greater transparency,effectiveness and efficiency in public financial management in order to ensure fiscal discipline

Tags county, government, turkana, fice, county, executive, finance, and, economic, planning, county, fiscal, strategy, paper, 2021, Approved-Turkana-CFSP-2021, Public Finance

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