Editor's Review

This is the second budget since the Kenya Kwanza government came into power in September 2022.

Treasury Cabinet Secretary Nuguna Ndung'u on Thursday, June 12 unveiled the 2024/2025 budget which is the second budget since the Kenya Kwanza government came into power in September 2022.

Speaking at the National Assembly, CS Ndungu proposed an allocation of Sh54.6 billion to the agriculture sector to enhance transformation.

The allocation includes Sh 10 billion for the fertilizer subsidy program, Sh 6.1 billion for the national agricultural value chain project, Sh 2.5 billion for the enable youth program, Sh 2.4 billion to enable youth and women in agriculture, Sh 747 million for small-scale irrigation value addition project, Sh 642.5 million for food security and crop diversification project.

“To improve livestock production, I propose Sh2.4 billion for derisking inclusive and value enhance of pastoral economies program, Sh1.5 billion for livestock value chain support project, Sh 1,5 billion for Kenya Livestock commercialization program, 192.5 million for the embryo transfer project and Sh300 million for the development of the letter industrial park,” Njuguna stated.

The Treasury CS proposed an additional allocation of Sh5 billion to the Hustler fund, Sh 200 million to the youth enterprise development fund Sh 162.5 million for the Center of Entrepreneurship project, and Sh 1.9 billion for the Rural Kenya financial inclusion facility.

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File image of Treasury CS Njuguna Ndung'u with PS Chris Kiptoo. 

CS Ndung'u proposed an allocation of Sh92.1 billion to Housing, Urban Development, and Public Works.

“This includes Sh8.3 billion under the Kenyan Urban Program, Sh3 billion to Kenya Mortgage finance company for enhancement of the company’s capital as well as lending to primary mortgage lender, Sh 32.5 for the construction of the affordable housing units, Sh 15 billion for the construction of social housing units.” The Treasury CS said.

Ndung’u proposed the education sector be allocated Sh 656.6 billion or 27.6% of total government expenditure to the education sector.

The allocation includes; Sh 358.2 billion to the Teachers Service Commission (TSC), Sh142.3 billion for basic education, Sh 128 billion for higher education and research, and Sh 30.7 billion for technical vocational education and training.

He proposed an allocation of Sh 127 billion to the health sector which will include Sh 4.2 billion for Universal Health Coverage (UHC) Sh 2 billion for free maternity healthcare, Sh 3.6 billion for managed equipment services, Sh 865 million to provide medical cover for orphans elderly and severely disabled persons, Sh 4.6 billion to cater for stipend and acquisition of specialized equipment for community healthcare promoters and Sh 4.1 billion for primary healthcare fund.

“Towards this end, I have proposed an allocation of Sh 193 billion for the development of roads, this includes Sh 86.2 billion to support the construction of roads and bridges, Sh 37.7 billion for rehabilitation of roads, Sh 69. 5 for road maintenance,” said Ndung’u.

Further, he proposed Sh 25.2 billion to be allocated towards expanding the railways' transport, Sh 2.4 billion for the development of infrastructure at the Dogo Kundu special economic zone, and Sh 1 billion for the Nairobi Bus Rapid Transport.

At the same time, the Treasury CS proposed the National Police Service (NPS), Defence, and the National Intelligence Service (NIS) be allocated Sh 377.5 billion.

“The proposed allocation includes Sh 173.1 billion for defense, Sh 110 billion for NPS, Sh46.2 billion for NIS, and Sh32.7 for prison services," he stated. 

To support tourism, sports, and culture CS Ndung'u proposed an allocation of Sh 23.7 billion, Sh 10.7 billion to support environment, water conservation and response to climate change, and Sh 2.7 billion for environment management and protection. 

To scale the fight against corruption, CS Ndung’u proposed Sh 4.2 billion be allocated to the Ethics And Anti-Corruption Commission (EACC), Sh 4 billion for the Office Of The Director Of Public Prosecutions (ODPP), Sh 6.9 billion for the State Law Office and Sh 8.7 billion for the office of the Auditor General. 

Additionally, CS Ndung’u proposed an allocation of Sh 44.6 billion to Parliament, Sh 24.7 to the Judiciary, and Sh 400.1 billion to counties as an equitable share.