Budget

Kenyan Parliament has literally approved a whooping 4.006 Trillion Budget which marks the highest budget ever in the Kenyan budgeting history. President will receive Ksh.5.1 billion while the Deputy President’s office has been allocated Ksh.4.8 billion.

In this 4.006 Trillion budget, different sectors and offices have been allocated for different money budget.

A committee of budgeting, National Assembly’s Budget and Appropriations Committee which is headed by Ndindi Nyoro, Kiharu Member of Parliament noted that the figure was to climb down from the initial budgeting statements.

In the allocations for each sector, the 2023-2024 budget has been proposed by the parliament and the Office of the President will receive Ksh.5.1 billion while the Deputy President’s office has been allocated Ksh.4.8 billion as contrary to 2022-2023 budget where 3.39 Trillion for the president and a whooping 2 Trillion for the Exucutive.

The State House has also been allocated Ksh.9.5 billion, with Ksh.275 million which is also proposed  for the Cabinet Affairs Office.

In addition to the funds for the Foreign Affairs docket, Prime Cabinet Secretary Musalia Mudavadi’s office at the Railways headquarters has received an extra Ksh.1.1 billion.

The Senate has been given Ksh.8 billion, with additional funds allocated for Parliament’s support services, parliamentary liaison, and legislation in the budget.

Ksh. 8 billion has been appropriated to the Senate in the budget, with allocations for service support, parliamentary liaison, and legislation services.

After a consultative meeting with the Ministry of Education, Parliament has consented to appropriate Ksh. 142 billion for basic education in both primary and secondary schools, Ksh—127 billion for university education, and Ksh. 30 billion for technical and vocational training institutions.

The health services subsector has been allocated Ksh 102 billion for curative and preventive health programs. Public health services have been given Ksh 28 billion.

Another sector is energy, which will take Ksh.69 billion, most of which will go through power transmission and distribution to realize the Last Mile connectivity initiative.

This year’s budget managed to streamline over Ksh100 billion meant for bureaucrats in the Department of Roads, the National Police Service (NPS), and the Ministry of Defence.

To fight graft, the Ethics and Anti-Corruption Commission will be allocated Ksh.4 billion from the Ksh.6.3 billion it had requested. The Office of the Director of Public Prosecutions has also been given Ksh.4 billion.

Sh3.7 billion has been set aside for the Independent Electoral and Boundaries Commission, with Ksh2.7 billion to put on rent arrears of legal fees.

The Treasury has secured an additional Kshs 2 billion from the initial allocation. Prof Nuguna Ndung’u, the Treasury CS, will next Thursday read his budget speech in conjunction with his counterparts in Uganda, Tanzania, and Rwanda.

Also Read: LSK Moves To Court To Stop The 2023 Finance Act

 

 

 

 

 

 

 

 

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