Githae's budget for Kenya

Finance Minister Njeru Githae's budget highlights:

  • Kenya's economy on good growth curve.

  • CBK monetary policy will be geared to bringing down inflation to single digits.

  • Sh17.5bn to the IEBC to conduct a transparent and credible election

  • Development of roads, energy essential to sustain growth and enhance regional development. Sh268.1bn for various infrastructural projects.

  • Sh233.1bn towards education; additional recruitment of 10,000 teachers. Sh480m for computers in schools.

  • Sh3.8bn for Free Primary Education.
  • Sh1.1bn for bursary to cater for bright, needy students. Sh300m towards provision of sanitary towels to girls from poor families.
  • Affordable health care to all Kenyans. Sh12.3bn to expand health services.
  • Sh1.6bn for strategic grain reserves to ensure our population does not go hungry.
  • Sh3bn towards constitutional reforms
  • Sh1.8bn to resettle IDPs
  • Youth Development Enterprise Fund - Sh500m and Women Development Enterprise Fund Sh 450m .I urge youth to venture into businesses.
  • We expect additional resources from Amisom to complement the defence budget.

  • 178.2bn in development aid to finance the budget

  • Private sector is key driver of growth. We will expand markets through regional integration and support SMEs.
  • 79bn to the Energy Ministry. Sh1.45bn towards completion of urban commuter railway from airport to central railway station.
  • Sh1.4bn to purchase motor vehicles to boost police work. Sh 300m for setting up National Police Commission and Oversight Authority to ensure efficiency of the Police Force.
  • Measures to implement electronic filing of the Registry at  the Land Ministry and other government departments involved in the registration business.
  • KRA will be modernised with a view to setting up Customs Services as an independent entity.
  • Road blocks and weigh-bridges will be removed or reduced to a bare minimum to ease movement of goods.

  • Sh1bn to Nacada to enforce the Mututho Law to fight drug abuse.

  • Sh 900m for cash transfers to the elderly
  • KRA will embark on mapping of residential and commercial buildings to rope in landlords into the tax bracket.

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