Skip to Content
AfroCave

Budget

What is the County Fiscal Strategy Paper in Kenya?

What is the County Fiscal Strategy Paper in Kenya?

Gĩthĩnji

The County Fiscal Strategy Paper in Kenya is the guide to the county budget process. It looks at how the past and the present setting of the budget process can inform the future.

Functions of County Budget and Economic Forum (CBEF)

Functions of County Budget and Economic Forum (CBEF)

Gĩthĩnji

The County Budget and Economic Forum should serve as the major mechanism for the public to participate in the budget process and public finances. The role of the County Budget and…

Division of Revenue and Allocation of Revenue in Kenya

Division of Revenue and Allocation of Revenue in Kenya

Gĩthĩnji

How do you distinguish between the division of revenue and allocation of revenue in Kenya? The division of revenue and allocation of revenue are terms you will find in public…

Role of Parliament in Public Finance Management in Kenya

Role of Parliament in Public Finance Management in Kenya

Gĩthĩnji

The role of the Kenyan Parliament in public finance management in Kenya is very important. Parliament plays this role through two committees of the National Assembly and the…

Public Funds Established by the Constitution of Kenya

Public Funds Established by the Constitution of Kenya

Gĩthĩnji

There are several funds established by the Constitution of Kenya. In this article, we explore these different funds and the purpose they serve. They also form the key types of…

The Purpose of the County Emergency Fund in Kenya

The Purpose of the County Emergency Fund in Kenya

Gĩthĩnji

Section 110 of the Public Finance Management Act establishes the County Emergency Fund in Kenya. A County Executive Committee may, with the approval of the County Assembly…

The Purpose of the Contingencies Fund in Kenya

The Purpose of the Contingencies Fund in Kenya

Gĩthĩnji

Article 208 of the Kenyan Constitution establishes the Contingencies Fund. The purpose of the Contingencies fund is the urgent and unforeseen need for expenditure for which there…

The Types of Government Budgets in Kenya

The Types of Government Budgets in Kenya

Gĩthĩnji

The three types of government budgets in Kenya are the deficit budget, surplus budget and balanced budget. A government budget is said to be a deficit budget when the proposed…

The Purpose of the Consolidated Fund in Kenya

The Purpose of the Consolidated Fund in Kenya

Gĩthĩnji

Article 206 of the Constitution establishes the Consolidated Fund in Kenya. This fund acts as the main bank account for the national government. The Public Finance Management (PFM…

The Purpose of the Equalisation Fund in Kenya

The Purpose of the Equalisation Fund in Kenya

Gĩthĩnji

Article 204 of the Constitution establishes the Equalisation Fund in Kenya into which should be paid one half per cent (0.5%) of all the revenue collected by the national…