This Medium Term Expenditure Framework report (M.T.E.F) provides details of the cumulative achievements registered by the county sectors for the MTEF period 2015/16 – 2017/18. The sector allocations and expenditure for the same period is provided, including an analysis of the budget absorption rates and reasons for any deviations. The report also delves into the medium term outlook and highlights priorities for the period 2019/20 to 2021/22.
The Kenyan economy is on a recovery path and is projected to recover to 6.0 percent in 2018, an upward revision from the earlier projection of 5.8 percent in the 2018 Budget Policy Statement. This strong growth momentum is reflected in the strong growth of 5.7 percent in quarter one of 2018 compared to a growth of 4.8 percent in the same quarter in 2017. The outlook is supported by a pickup in agricultural and manufacturing activities due to improved weather conditions as well as the stable macroeconomic environment, ongoing public infrastructural investments and regain in business and consumer confidence following political stability in the country. Indeed, Kenya continues to be ranked favourably in the ease of doing business and as a top investment destination.
File | Action |
---|
Bungoma-County-Medium-Term-Expenditure-Framework-for-FY-2019-2020-2021-2022.pdf | Download |