Budget Implementation And Financial Performance Of The County Government Of Elgeyo Marakwet, Kenya

ABSTRACT Resources are scarce. Public and private entities must ensure that available resources are allocated efficiently and utilized for the intended purposes in order to achieve strategic objectives. In Kenya, the principles of public finance are enshrined both in the constitutions and various legislations, the most important of which is the Public Finance Management Act. While both National and County governments are expected under law and by the citizenry to pursue optimal financial performance, reports on budget implementation show mixed results. The Auditor-General Report on Elgeyo Mar…