Nairobi residents, it’s time to get involved! The Fiscal Strategy Paper for 2024 is out, charting the course for our county’s financial journey in the next financial year and beyond. The Nairobi City County Fiscal Strategy Paper (CFSP) for 2024 outlines the government’s fiscal policy direction for the 2024/2025 budget and medium-term financial planning, including projected revenue, resource allocation criteria, and sector priorities. The CFSP sets out a framework for revenue expenditure, debt management, and sets sector expenditure ceilings. It highlights the importance of own source revenue and external revenue, detailing their compositions and emphasizing strategic priorities such as debt service obligation, mandatory expenditures, and development projects. The document also includes projected budget and expenditure compositions, emphasizing fiscal responsibility, cost-cutting measures, and proposed sector ceilings for various sectors including health, education, infrastructure, and agriculture, aiming for balanced budgeting and socio-economic development. Read the document here