Highlights of the 2022/2023 budget estimates

Mar 30, 2023 - 07:52
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Highlights of the 2022/2023 budget estimates
File image of Treasury CS Ukur Yatani. |Photo| Courtesy|
By Joshua Cheloti National Treasury Cabinet Secretary Ukur Yattani this Thursday, April 7, 2022, submitted to the National Assembly a budget statement for the Financial Year 2022/2023. While presenting the budget statement, the CS issued a highlight of how the Ksh3.3 trillion budget, the biggest in the nation’s history will be shared amongst various sectors. Here is a highlight of the budget out of which Ksh2.3 trillion will be used on recurrent expenditure and Ksh715.5 billion on development. Big Four Agenda Being the last budget before a new government comes in, the Treasury allocated Ksh146.1 billion to facilitate implementations of projects under the Big Four Agenda that includes Universal Healthcare, Housing Manufacturing, Industrialization and Food Security. Universal Health Coverage received the lion’s share of Sh62.3billion while manufacturing received Sh10.1 billion. Another Ksh27.4billion was allocated to the housing sector. Overall, the Health Sector has an allocation of Ksh146.8 billion, with ksh7 billion allocated to purchase Covid-19 vaccines and related expenditure while Ksh4.1 billion was allocated for free maternity health care. Education The education sector had a Ksh513 billion allocation, out of which Ksh12 billion has been allocated for the Free Primary Education program and Ksh64.4 billion for the Free Day Secondary School Education program. CS Yatani further stated that Ksh5 billion will be allocated for the examination fee waiver while Sh1.2 billion will be used in the training of teachers. Other key sectors that had an allocation include Social protection at Ksh39.4 billion, Equity and poverty (Ksh68.9 billion) and Environment which had an allocation of Ksh110.8 billion. National security services were allocated Ksh317.8 billion out of which Ksh128.4 billion will go to the Ministry of Defence, Sh46.4 billion to the National Intelligence Service and Ksh122. 2 billion for the police and prison services.  

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