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The 2015 Medium-Term Fiscal Policy aims at supporting rapid economic growth and ensuring effective delivery of public goods and services in a sustainable manner as well as providing benchmarks against which budgetary developments can be assessed over time. It also reflects the impacts of past budgetary commitments as well as the cost of future new policy measures.

 

Since 2013/14 fiscal year, fiscal performance has been generally satisfactory, despite the challenges emanating from shortfall in local revenues sources.

On the expenditure side, the County Government had to incur higher expenditure on salaries mainly accruing to staff devolved from the National Government whose personal emoluments were not captured in the initial stages of the budget preparation for 2014/15 and implications of the SRC circular on daily subsistence allowance. Another challenge experienced in budget execution was the low level of absorption of funds. This was due to delays in the disbursement of funds from the National Government. However, the county has enough capacity to handle all the devolved functions outlined in the Constitution. Adjustments to the original budget were approved by County Assembly through a supplementary budget in November, 2014.