Browsing: budget allocation in Kenya

NAIROBI, Kenya, Jun 12- Kenya on Thursday announced its biggest budget yet, a whopping Sh3.6 trillion spending plan for the financial year 2021-2022. 

The country’s minister for treasury Ukur Yatani read the budget in the parliament building, determining how the Jubilee government would be spending money even as the end of its ruling term nears.

Notably, a lionshare of the budget went to funding President Uhuru Kenyatta’s ambitious Big 4 Agenda at Sh142.1 billion.

Yatani said the monies would be spent on priority programs which are; offering food security, affordable housing, affordable healthcare, and manufacturing.

The Cabinet Secretary said the amount will be spent for both enablers and drivers’ of the projects, during the 2021-22 financial year.

A breakdown 

A total of Sh60 billion was set aside to support relevant programs that will enhance food security in the country.

Of the amount, Sh7 billion will be channeled to national agricultural …