Inside Ruto’s Ksh4T budget
Treasury Cabinet Secretary Njuguna Ndung’u has revealed how Ksh3.992 billion will be shared among different government agencies and departments in the 2024/2025 Financial Year. Ministerial recurrent expenditures will gobble up Ksh1.6 trillion while interest payments and pensions will get Ksh1.2 trillion. Ministerial development expenditure will take up Ksh745.9 billion, contingency fund Ksh4 billion while equitable […]
‘Poverty, climate change, and environmental issues should be included in national budget’ -Mbeere North MP Geoffrey Ruku
Mbeere North MP Geoffrey Ruku has urged the government to prioritize poverty, climate change, and environmental issues in national budgeting and development plans. Speaking to a local media house on Thursday, April 25, Ruku noted the importance of integrating these pressing concerns into the national agenda. He stressed that as the challenges posed by poverty, […]
Lawmakers pass Sh3.6tr budget estimates, Kenya’s biggest since independence
Parliamentarians passed the Sh3.679 trillion budget estimates for the Financial Year 2023/24 ahead of today’s reading of President William Ruto’s first budget since he won the presidency last year. The Executive was allocated Sh2.1 trillion, Parliament Sh40 billion while the Judiciary and the Judicial Service Commission (JSC) got Sh22.9 billion. This year’s budget, which is […]
Yatani reads Uhuru’s last budget
Treasury CS Ukur Yatani on Thursday, April 7, 2022, read the nation’s budget, which is the last for President Uhuru Kenyatta’s government, which leaves office in August. Addressing the National Assembly, Yatani said that Kenyans are more concerned about the high cost of living, unemployment and public debt burden. “In preparing this year’s budget we […]
2022/23 budget: Everything broken down in simple terms for you
The National Treasury and Planning Cabinet Secretary Ukur Yatani is set to read the 2022/2023 budget today, April 7, 2022. The presentation of the budget before the National Assembly at 3.00 pm will be the last for President Uhuru Kenyatta’s regime, which will come to an end after the August 9 elections. The national budget […]
Kenyans want cost of fuel, foodstuff cut
Peter Okong’o Stung by the high cost of living and rampant unemployment, Kenyans want the cost of fuel and household goods reduced in the Sh3.08 trillion budget that National Treasury Cabinet secretary Henry Rotich will present in Parliament this afternoon. Stakeholders in various sectors hope that the Treasury chief will put in place mechanisms that will […]
Showdown looms as senators plot to derail budget
Bernard Gitau @benagitau A clash is looms in Parliament ahead of today’s reading of the 2019/20 budget after Senators and National Assembly members failed to agree on division of revenue. The uncertainty comes even as the Commission on Revenue Allocation (CRA) proposed that the National Treasury allocates to counties Sh335 billion in the next fiscal year […]