NCBA Investment Bank
February 19, 2025 at 05:58 AM
*Security, education, health win in Sh86bn budget boost*
Allocations to education, security, and healthcare have been increased even as water, housing, and energy were subjected to a cut in spending adjustments that have expanded the budget size for the current financial year by Sh85.8 billion. This figure excludes Sh5.5 billion apportioned for Consolidated Fund Services, which caters for debt repayment obligations.Yesterday, the Treasury tabled the second supplementary budget to the National Assembly, which increased the size of Kenya’s budget for the financial year ending June to Sh3.56 trillion from the current Sh3.47 trillion
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