Kenyan budget

Kenya’s Minister of Finance, Uhuru Kenyatta, is due to read the budget for the next fiscal year in parliament on Thursday afternoon. Mr. Kenyatta is expected to unveil a KShs.867 billion (US $11.1b) budget. The biggest chunk of the money –  a staggering Shs.607b –  will go to recurrent expenditures with only 258b going to development expenditure. The latter is a marked improvement from last year when only 141b went to development projects.

More details to follow tomorrow…..

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.