Budget Guide 2013/14

Theme: General

Budget Guide 2013/14    |   File Size: 1.59 MB Downloads: 17107   |   Post Date: 27 June 2013

Picking up from the previous budget, Budget 2013/14 will play a big role in laying a firm foundation to usher in the devolved system of government. The environment for budget formulation and prudent financial management at the national and county government level is now set, given the passing of requisite legislation, including the Public Finance Management Act, 2012 and the launch of the second strategy for Public Finance Management Reforms in early 2013. Given this state of play one can interrogate the budget process using the PFM, Act 2012 as a benchmark. The three arms of government managed to submit their expenditure estimates to the National Assembly by 30th April. Equally commendable is the fact that for the very first time, the National Government adopted Programme based budgeting (PBB) to present its expenditure estimates in line with PFM reforms.

The Citizen Alternative Budget 2013/14

Institute of Economic Affairs

The Citizen Alternative Budget 2013/14    |   File Size: 882.08 kB Downloads: 2497   |   Post Date: 13 June 2013

The alternative budget contains budget proposals from the public and sector stakeholders who attended the IEA annual pre-budget hearings that took place on 5th and 6th February 2013. The proposals submitted were consolidated and synthesized by the IEA according to the various Medium Terms Expenditure Framework (MTEF) sectors largely based on their feasibility, whether they make economic sense and whether they are in line with the national priorities of the government. Furthermore, this alternative budget takes cognizance of the Budget Review and Outlook Paper 2013/14 as a pre-budget statement that sets the macroeconomic framework through which the government will prepare the forthcoming budget.

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