Finance and Economic Planning > CFSP > 2015-16 FY CFSP > FISCAL POLICY AND BUDGET FRAMEWORK > 2015/16 Budget Framework > Deficit, Debt policy and Debt Sustainability

With the coming of the devolved system, legal framework has been laid to guide deficit and debt policy of the county. Currently the county has no public debt but strategies should be laid down in subsequent financial years to address debt sustainability since the county will be anticipating deficit financing that will exist in the budget