Key highlights of Yatani’s Budget

The budget is Sh3.31 trillion

• The national government will take the biggest chunk of the monies- Sh2.07 trillion.
• The majority of national government expenditure will go to the Executive – Sh2.01 trillion.
• Parliament will take Sh38.4 billion.
• Judiciary will get Sh18.8 billion.
• County governments will be allocated Sh370 billion as shareable revenue.

• Some Sh24.7 billion will go to the fuel subsidy fund to cushion Kenyans against rising fuel prices.
• The Consolidated Fund will take Sh864.1 billion.
  The Consolidated Fund is the fund that keeps the national government and the county government running.
• The Equalization Fund will take Sh7.1 billion.
• Conditional grants to counties are pegged at Sh57 billion.

The Budget will prioritize the completion of key infrastructural projects, particularly under the Big Four Agenda.

These include the completion of 4,450 kilometres of roads and construction of 45 kilometre Rapid Bus Transit line, erect 60 BRT stations and acquire eight BRT buses in efforts to decongest the city.

The funds will also cater for the connection of at least 750,000 new customers to the national grid and post-Covid recovery and policy interventions supporting economic recovery.

Supplementary Budget

This budget will prioritize drought mitigation measures.

Department for social protection will receive Sh2.4 billion for cash transfers to households in drought-stricken regions.

The Ministry of Defence will get Sh1.4 billion for Kenya Meat Commission for a livestock uptake programme to cushion pastoralists from losses.

Department for devolution will get Sh1.2 billion for direct mitigation efforts such as water and relief food supply to hunger-stricken households.

Some Sh950 million for police recruitment to boost national security ahead of August polls.

A further Sh8.8 billion was allocated to the Independent Electoral and Boundaries Commission for adequate preparation for the general election.

Ministry of Education allocated an additional Sh2 billion to complete the construction of CBC classrooms and ensure a smooth transition from the 8-4-4 system.

Another Sh6.9 billion was allocated to the Teachers Service Commission to cater for teacher remuneration, training and related CBC implementation expenses.

Parliament will have to vote to approve the proposal or ask the finance ministry to adjust its spending plans.