All eyes are on the National Treasury as it prepares to submit its budget proposal estimated at Ksh 4 trillion to parliament for approval. While addressing journalists ahead of the submission, Treasury Principal Secretary Chris Kiptoo noted that the proposed budget seeks to strike a balance between expenditure and revenue. However, the initial discussions will highlight the government's expenditure more as it seeks to address critical issues raised by Kenyans. The budget submission will involve several stakeholders including the Ministry of Treasury and The National Assembly's Finance and Budget and Appropriations Committees. Under the expenditure, the Executive has been allocated Ksh2.24 trillion, parliament Ksh43 billion and Judiciary Ksh23 billion.

Source: Daily Nation June 13, 2024 13:35 UTC