Elegeyo Marakwet County Budget Review and Outlook Paper FY 2018-19

FOREWORD
The County Budget Review and Outlook Paper (CBROP) is a policy document that reviews the performance of the previous financial year. This document covers the period 2017/2018 financial year. This 2018 CBROP is the fifth after the enactment of devolved governance following the implementation of Constitution of Kenya, 2010. It presents the fiscal framework which provides a strong basis for building a common future regarding Fiscal discipline and accountability. The CBROP presents the fiscal outcome for 2017/2018 FY and shows how these outcomes affected financial objectives set out in 2017 County Fiscal Strategy Paper (CFSP). CBROP is one of the budget policy documents that enhances financial discipline and fiscal responsibilities within the county’s financial management framework as provided for in the Public Finance Management Act (PFM) Act 2012.
Fiscal discipline will seek to ensure that the county’s programs, sub-programs and development priorities work harmoniously towards ensuring sustainable economic growth and development. This will further lead to socio-economic wellbeing of county citizens.
The initiatives also work toward improving the residents’ livelihoods by instituting mechanisms that enhances financial efficiency and effectiveness. The county is committed to maintain the trend of economic growth and development as desired by the residents.
The county is, and will always be, committed to ensuring that there is transparency and accountability by providing feedback on the county’s performance indicators as required by the Constitution of Kenya, 2010, the Public Finance Management Act, 2012 and county Public Finance Management Regulations Act, 2015.
The county government is also committed to national and international plans such as Vision 2030 and attainment of Sustainable Development Goals (SDGs). The period under review saw strides and initiatives that guided the county towards realization of the vision and goals.
ISAAC KIPCHIRCHIR KAMAR
CEC FINANCE AND ECONOMIC PLANNING