CS Yatani will present a Sh3.3 trillion budget today.
The expenditures comprise recurrent Shs 2.17 trillion and development of Sh712.0 billion.
Traditionally, education, ICT and infrastructure, security and energy are likely to be allocated lion’s share of the budget.
Education will get Sh521 billion, energy, infrastructure and ICT (Sh357.7 billion), public administration and international development (Sh383.3 billion) and national security (Sh180.9 billion).
The national government will take up Sh2.04 trillion with the executive allocation projected at Sh1.98 trillion.
Allocation to counties is expected to remain at Sh370 billion.
According to the notice signed by National Treasury PS Julius Muia, the proposals will be centred on enhancing economic resilience and accelerating economic recovery.
It will also focus on improving livelihoods, cushioning vulnerable citizens and generating more employment opportunities.
“The budget will also look at how to fast track implementation of Government priority programmes under the ‘Big Four’ Agenda,” Muia said.
In his budget brief today, the exchequer chief is expected to outline a series of tax and expenditure measures, but experts warn that households and businesses should not expect much to change.
Revenue collection including Appropriation-in-Aid (A.i.A) is projected to increase to Sh2,4 trillion (17.2 percent of GDP) up from a projection of Sh2.036 trillion (16.3 per cent of GDP) in the current fiscal year.
Ordinary revenues will amount to Sh2.14 trillion (15.3 per cent of GDP) from the estimated Sh1.8 trillion (14.4 per cent of GDP) this year.
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