Treasury Cabinet Secretary Rotich. Photo/the-star.co.ke
The National Treasury has tabled a second mini-budget meant to finance the food subsidy, election-related security operations.
The bugets amount to Sh64.1 billion, coming just a month to a new finacial year.
It seeks to increase the budget for the national government by Sh48.6 billion and Parliament by Sh34 million and reduce the recurrent budget for the Judiciary by Sh50 million.
Consolidated funds services will be raised by Sh15.5 billion .
“The proposed total increment of Sh64.1 billion is an increase of 2.9 per cent of approved budget estimates and an overall change of 2.2 per cent by both supplementary budgets (I and II),” said the Budget Office in a brief to the Budget and Appropriations Committee of the National Assembly.
The BAC, chaired by Rev Mutava Musyimi (Mbeere South), was taken through the mini-budget.