FOREWORD
This County Budget Review and Outlook Paper (CBROP), prepared in accordance with the Public Financial Management Act, 2012, It shows the Budget and actual fiscal performance of the 2015/2016 Financial Year so as to inform the future planning and budgeting.
The County Budget Review and Outlook Paper (CBROP) reviews the past and present and set the future outlook of fiscal performance by presenting the fiscal outcome for 2015/16 and how it affected the financial objectives set out in the 2015/2016 County Fiscal Strategy Paper (CFSP).
Vihiga County Government remains steadfast in maintaining macroeconomic stability, even in the face of expenditure pressures associated with devolution of functions to the County and a swollen wage bill.
The county has continued to allocate more resources in investment of key sectors in the County in order to improve the economy of the county and spur growth. Particularly the County will continue to allocate more funds to infrastructure projects especially roads; water projects; agriculture projects and investment on health projects. These efforts are geared to improving the living standards of the County citizens as well as reduce the poverty levels.
The County will implement sound economic management and establish structures geared to increasing the local revenue collection which will be diverted towards capital investment.
We will ensure that a stable macroeconomic environment is maintained and that implementation of the set strategies and priorities is done with high level of transparency and accountability in management of public funds in the County.
MOSES LUVISI
COUNTY EXECUTIVE MEMBER - FINANCE AND ECONOMIC PLANNING
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Vihiga-County-Budget-Review-and-Outlook-Paper-2016.pdf | Download |