- The Kenya Kwanza administration’s first budget stands at KSh 3.67 trillion, with executive taking the lion share of Sh2.2 trillion
- Education sector also took a huge chunk of KSh 630 billion
- Interestingly, Ruto’s government has allocated Sh2.8 billion to fight locust
- Another 3.7 billion shillings has been proposed for COVID-19 Emergency Response Project
Kenya Kwanza Administration has shocked parliamentarians and all Kenyans in their fiscal budgetary allocations for the financial year 2023/204
Of interests was the allocation of Sh25 made to clear arrears for unpaid oil subsidies, citing that the previous administration never paid it despite promising to have do so thus cleaning the mess
On the floor at the National Assembly, Treasury Cabinet Secretary Prof Njuguna Ndung’u also made other shocking budgetary allocations of Shillings 2.8 billion that will be used to cushion farmers against the locust
The locust invasion was witnessed in the country in late 2019 and early 2020 posing challenge to the government to combat the menace, but questions are still unanswered by the think-tanks
Healthcare is among the aspects in President William Ruto’s maiden budget that has had a considerable allocation KSh 141.3 billion has been proposed for the sector; KSh 3.7 billion would be directed to the Kenya Covid-19 Emergency Response Project
The Kenya Kwanza administration’s first budget stands at KSh 3.67 trillion, with education taking a huge chunk, KSh 630 billion
While presenting the budget estimates for the 2023/24 fiscal year, Treasury CS Njuguna Ndung’u said universal healthcare is on top of the government’s key agenda
He announced a KSh 141.3 billion allocation has been proposed for the health sector. Among the specifics considered in the allocation is the Kenya Covid-19 Emergency Response Project which will take up KSh 3.7 billion of the monies.