Kenya’s total budget has increased by Sh187 billion to Sh3.93 trillion.
According to details by Moe, Education has received an additional Sh62.1 billion.
Notably: Sh29 billion to go to scholarships for first year university students. Sh20 billion for TSC hiring new teachers. Sh4 billion for Tvet. Sh4.5 billion for junior schools.
The minibudget tabled yesterday slashed development spending by Sh42 billion.
Road construction spending is the worst hit with its allocation cut by Sh21 billion.
Affordable housings’ budget has been cut by Sh13 billion too.
Other losers include National Treasury’s whose spending has been cut by Sh18.5 billion
State department for medical services allocation has been cut by Sh5.4 billion.
Biggest gainers:
Consolidated Fund Services (CFS) has increased by Sh145.5 billion
Spending items under the CFS include pension, salaries for State officers and commissions as well as net lending.
Most of this money will likely go to paying interest on Kenya’s debt.
Recurrent expenditure, a big portion of which includes wages, administrative expenses, increased by Sh83.75 billion.
Sh14 billion added to fertilizer subsidy program and stocking national food reserve.
Sh4 billion added for advance payment to coffee farmers.
Coffee farmers to get Sh80 per kilo of cherry compared to the current Sh20.
Sh3.5 billion added to pay oil marketers.
The government owes Sh46 billion to oil marketers for fuel subsidy.
