Baringo County Budget Review and Outlook Paper FY 2013-2014 (2014)

This County Budget Review and Outlook Paper (CBROP), prepared in accordance with the Public Finance Management Act, 2012 is the first to be prepared by the County Government

It presents the recent economic developments and actual fiscal performance of the FY 2013/2014 and makes comparisons to the budget appropriations for the same year. It further provides updated economic and financial forecasts with sufficient information to show changes from the projections outlined in the latest county Fiscal Strategy Paper (CFSP), released in 28 Feb. 2014.

This Paper will also provide an overview of how the actual performance of the FY 2013/2014 affected our compliance with the fiscal responsibility principles and the financial objectives and the way forward. The County has implemented a sound financial management and economic reforms which have delivered huge pay-offs. We are committed to maintain the trend of stable socio-economic performance and ensure transparency by relaying our performance indicators to the public through this, and other publications, as required by the Constitution and the PFM Act 2012.

It provides the link between policy, planning and budgeting, as such, CBROP will continue to play a critical role in the preparation of budgets and management of public resources in the county. To strengthen the budget preparation process, the County government will continue to embrace programme based budgeting and deepen public financial reforms to increase efficiency and effectiveness in service delivery and value for money for citizens.

Hon. Geoffrey K. Bartenge
County Executive Committee Member Treasury, Finance and Economic Planning