Vihiga County Fiscal Strategy Paper 2025

Abstract

The County Fiscal Strategy Paper (CFSP) is a key policy document that sets the foundation for Vihiga County’s economic and fiscal priorities for the upcoming financial year 2025/26 and the medium term. The CFSP 2025/26 has been aligned with the County Integrated Development Plan (CIDP) 2023-2027, the Bottom Up Economic Transformation Agenda (BETA) anchored on the Fourth Medium Term Plan (MTPIV) and the Kenya Vision 2030. This strategy seeks to accelerate economic growth, enhance service delivery, and promote inclusive development across all sectors in the County. It reflects the county commitment to fostering sustainable growth, strengthening fiscal responsibility, and ensuring efficient resource allocation to improve service delivery and enhance the well-being of the residents of Vihiga. This CFSP has been developed in the context of the evolving national and global economic landscape, responding to emerging opportunities and challenges. However, Vihiga County endears to remain resilient amidst the financial and developmental challenges. The County shall remain on accelerating socio-economic transformation leveraging on technology by prioritizing investments in key sectors such as agriculture, healthcare, education, infrastructure, and entrepreneurship, with a special emphasis on job creation for youth and women. The CFSP highlights the proposed strategies, priorities and programmes that will inform the preparation of the 2025/26 and medium term budget estimates, the budget ceilings in respect to Departments and Agencies, and the County Assembly. It further lays, the fiscal responsibility principles to ensure prudence and Transparency in the Management of public resources as provided in the PFM Act,2012. It also provides a framework for revenue generation, and expenditure management, ensuring that every investment made contributes directly to improving the livelihoods of the Vihiga people. As the County Government embarks on the preparation and implementation of the F/Y 2025/26 Budget estimate and the medium term, the need for transparency, accountability, inclusive governance and shared prosperity is imperative. Finally, I call upon the County Departments and other stakeholders including private sector, partners, civil society organizations, and the residents of Vihiga, to actively support and participate in the government development agenda