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Treasury seeks additional Sh16.3b hours before budget

Treasury seeks additional Sh16.3b hours before budget
Budget briefcase. PHOTO/Courtesy
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The government has asked the National Assembly to approve an additional Sh16.3 billion in the second supplementary estimates just hours before the National Treasury read the 2023/24 budget amounting to Sh3.67 trillion.

The tabling of the estimates comes just days before the end of the 2022/23 financial year which is June 31. The first supplementary estimates were tabled in the National Assembly in February.

According to the estimates, the Sh16.3 billion comprises Sh5.1 billion recurrent expenditures and Sh11.3 billion development budget.

Out of this, already Sh 4.1 billion has been disbursed to the various Ministries, Departments and Agencies.

Among the biggest winners in the mini budget include the office of the President, the office of the Deputy President, the office of the Prime Cabinet secretary, State Department for Vocational and Technical Training  , state department for infrastructure, state department for Arid and Semi Arid Lands (ASAL), state department for wildlife and the National Intelligence Service (NIS).

The biggest losers are Interior ministry, Teachers Service Commission (TSC), Prisons department, Defence ministry,  Ministry of Health, State department for infrastructure, state department for housing, state department for energy, state department for sports, state department for crop development and agriculture, state department for social protection, senior citizen affairs, National assembly and Auditor General

“The National Treasury has approved expenditures amounting to Sh16.3 billion under article 223 of the constitution which comprises Sh5.1 billion under recurrent and Sh11.3 billion under development budget,” reads the report.

In the estimates, the National Treasury said it had made adjustments to the votes and programmes as some of them have already exceeded the 10 per cent threshold and thus is seeking approval from the house.

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