Treasury Cabinet Secretary Njuguna Ndung’u has unveiled President William Ruto’s maiden budget since he came to power in September 2022.
Speaking on Thursday, June 15 at the National Assembly, Ndung’u proposed Ksh 3.7 billion to be allocated for value enhancement of pastoral economist program, Ksh 2.1 billion to livestock chain support and Ksh 1.5 billion for the livestock commercialization program.
“To improve livestock production: Ksh3.7bn to inclusion & value enhancement of pastoral economist program, Ksh2.1bn for livestock chain support project, Ksh1.5bn for Kenya Livestock Commercialization program and Sh166m for the embryo-transfer project,” said Ndung’u.
The Treasury CS proposed Ksh 1.2 billion to be allocated to the processing and registration of title deeds, Ksh 2.6 billion for the settlement of landless Kenyans, Ksh 755 million for the digitization of land registries and Ksh 138 million for the construction of the land registries.
“To ensure legitimacy of land ownership, I propose Ksh1.2bn for processing and registration of title deeds, Ksh2.6bn for settlement of the landless, Ksh755m for digitization of land registries and Ksh138.3m for the construction of land registries,” he stated.
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To support Micro, Small, and Medium Enterprises (MSMEs), women and the youth, Ndung’u proposed Ksh 10 billion to be allocated to the Hustler Fund, Ksh 300 million to SMEs in the manufacturing sector, Ksh 182.8 million to Women Enterprise Fund and Ksh 175 million for Youth Enterprise Fund.
“I propose an additional allocation of Ksh10bn towards the Hustler Fund, Ksh300m to SMEs in the manufacturing sector, Ksh182.8m for Women Enterprise Fund, Ksh175m for Youth Enterprise and Development Fund,” he stated.
Ndung'u proposed Ksh 338.2 billion to be allocated to support the operations of the Kenya Defence Forces (KDF), National Police Service (NPS), National Intelligence Service (NIS) and the Prison Services.
"The proposal includes Ksh 144.9 billion for the KDF, Ksh 98.6 billion for the NPS, Ksh 44.3 billion for the NIS, and Ksh 313.3 billion for the Prison Services," he said.
The Treasury CS proposed Ksh 628.6 billion to be allocated to the education sector.
"Out of the proposed allocated Ksh 12.5 billion will cater for the free primary education, Ksh 65.4 billion for free day secondary school education, Ksh 25.5 billion for Junior Secondary School capitation, Ksh 5 billion to support examination fee waiver, Ksh 4.8 billion for recruitment of 20,000 intern teachers, Ksh 1 billion for promotion of teachers, Ksh 4.9 billion for the school feeding program and Ksh 940 million for the provision of sanitary towels," Ndung'u stated.
He added, “In addition Mr Speaker, I propose to the National Assembly to effect the budget allocation of Ksh1.3 billion for the training of teachers on Competency-Based Curriculum and Sh400 million for the digital literacy program and ICT integration in our secondary schools."
Ndung'u also proposed an allocation of Ksh 6 billion to support infrastructure development and ensure safe learning in schools for both primary and secondary schools including JSS.
He further proposed Ksh 316.7 billion to be allocated to the Teachers Service Commission (TSC), 97.5 for university education Ksh 30 billion for the Higher Education Loans Board (HELB), Ksh 2.7 billion for the Kenya secondary education quality improvement project, and Ksh 5.2 billion to capitation for TVET students.
CS Ndung'u proposed an allocation of Ksh 26. 9 billion to promote local industries under various implementing ministries, departments, and agencies.
"Out of this allocation, Ksh 4.7 billion will support the establishment of county-integrated Anglo industrial parks, Ksh 3 billion for the construction of 6 export processing zones flagship project, Ksh 3.1 billion for supporting access to finance and enterprise recovery project, Ksh 500 million for the development of special economic zones, textile park in Naivasha and Ksh 1.8 billion for the construction of a treatment plant in Kenaini," he stated.
The Treasury CS further proposed to the National Assembly to effect budget allocation to the revitalization of cash crops.
"Ksh 120 million for cotton, Ksh 62 million for coconut, Ksh 35 million for cashew nuts, and Ksh 150 for pyrethrum, " he stated.
Ndung'u also proposed to the National Assembly to effect the budget allocation of Ksh 100 million for the modernization of cooperative cotton ginneries, Ksh 134 million for the national edible oils crop promotion project, and Ksh 70 million for the sugar reforms support project.
To protect the vulnerable groups in society, Cs Ndung'u proposed the National Assembly to effect a budget of Ksh 38.2 billion for social protection and affirmative action.
"Out of this proposed allocation Ksh 18 billion will cater for cash transfers to elderly persons, Ksh 7.9 billion for orphans and vulnerable children, and Ksh 1.2 billion for persons living with severe disabilities," Ndung'u stated.
He added, "The allocation also includes; Ksh 5.6 billion for the Kenya hunger safety net program, Ksh 3.3 billion for Kenya social and economic inclusion project, Ksh 900 million for the child welfare society of Kenya, Ksh 400 million for the presidential bursary for the orphans and Ksh 459 million for the national development fund for persons living with disabilities."
To support the film Industry, CS Ndung'u proposed Ksh 100 million to strengthen the film industry in Kenya, Ksh 49 million for film location mapping, and Ksh 100 million for the Kenya film school.
To promote global equity, reduce poverty and embrace social development, the CS proposed the National Assembly to effect the budget allocation of Ksh 53.5 billion for the National Government constituency Fund and Ksh 10.9 billion for the equalization fund.
Ndung'u proposed the National Assembly to effect a budget allocation of Ksh 12.5 billion to support tourism, sports, culture, and recreation.
"This includes an allocation of Ksh 6.4 billion under the sports, arts, and social development fund, Ksh 4.1 billion for the tourism fund, and Ksh 2 billion for the tourism promotion fund," he stated.
To enhance good governance and scale up the fight against corruption, the Treasury CS proposed an allocation of Ksh 3.9 billion to the Ethics and Anti-Corruption Commission (EACC), Ksh 3.6 for the Office of the Director of Public Prosecutions (ODPP), Ksh 8 billion to criminal investigations services and Ksh 8 billion for the office of the auditor general.
He proposed an allocation of Ksh 41 billion for Parliament and Ksh 23.2 billion for the judiciary to embrace oversight and the legislative role of parliament and access to justice.
Ndung'u further proposed county governments be allocated Ksh 385.4 billion as equitable share.
"The county governments will receive a proposed allocation of Ksh 385.4 billion as equitable share for the financial year 2023/2024. This is 23 percent of the Financial Year 2019/2020 shareable revenue which is the most recent audited and approved revenue by the National Assembly," he stated.
