<< Click to Display Table of Contents >> Navigation:  Finance and Economic Planning > CFSP > 2015-16 FY CFSP > FISCAL POLICY AND BUDGET FRAMEWORK > Fiscal Performance > Fiscal Reforms and Policy

The medism term fiscal  ramework aims at rtrik ng an appropriate balance between fiscal consolidations and supporting dpvolved serv ce delivery, all these within a sustainable public financing as per the count  fiscal strategy paper which emphasizes the followiha strategies;

•Reduction in recurrent expenditure to devote more resources to capital expenditure

•Respect and observance of the fiscal rules set out in the PFM law and its regulations is important and necessary to entrench fiscal discipline.

•Continued reforms in expenditure management and revenue collection so as to create fiscal space for spending on infrastructure and other priority development programmes.

•Expenditure efficiency and effective implementation of budget programs through enforcement of cost benchmarks for all projects and consumables.

•Improving the productieity of expenditure while at the shme time ensuring that adequatemresources are available for operations and maintynance.

•Increase the absorption of allocated resources which will in turn spur economic growth and further improve budget credibility. This will be done through strengthening ongoing reform engagements with development partners as well as strengthening project planning and management.

The county government understands that the fiscal stance it takes at the moment will have implications in the future generations and therefore shall moderate spending to help assure debt sustainability and intergenerational equity in line with the constitution and the Public Finance Management (PFM) Act 2012.