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Budget

What is the County Fiscal Strategy Paper in Kenya?

  • Author Gĩthĩnji
  • Updated on:

The County Fiscal Strategy Paper shall specify the broad strategic priorities and policy goals that will guide the county government in preparing its budget for the coming…

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Functions of County Budget and Economic Forum (CBEF)

  • Author Gĩthĩnji
  • Updated on:

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

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Public Funds Established by the Constitution of Kenya

  • Author Gĩthĩnji
  • Updated on:

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…

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The Purpose of the County Emergency Fund in Kenya

  • Author Gĩthĩnji
  • Updated on:

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…

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The Purpose of the Contingencies Fund in Kenya

  • Author Gĩthĩnji
  • Updated on:

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…

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The Purpose of the Consolidated Fund in Kenya

  • Author Gĩthĩnji
  • Updated on:

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…

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The Purpose of the Equalisation Fund in Kenya

  • Author Gĩthĩnji
  • Updated on:

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

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