The 2023/24 Budget presented to Parliament on Thursday by Treasury Cabinet Secretary Njuguna Ndung'u shows that Education will see the highest increase with a Ksh. 630 billion allocations.
As President William Ruto's administration works to provide affordable and high-quality Education, this accounts for 27.4% of the budget.
The following are some other Ksh.3.6 trillion estimation high points:
Junior Secondary Schools now have a capitation of Ksh. 25.5 billion instead of Ksh. 15 billion. The Higher Education Loans Board allocation has increased by two times, from Ksh. Fifteen billion to Ksh. 30 billion at the same time.
The National Government's health services have received some Ksh 141 billion, with additional monies going to the counties. In the meantime, road building is funded with Ksh. 250 billion, with ongoing and stalled projects being completed first.
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The Fertilizer Subsidy Program has received Ksh. 5 billion, and the arrears for outstanding oil subsidies have received Ksh. 25 billion.
While Ksh 4.7 billion is given to counties as conditional grants to develop 47 aggregation and industrial parks in each county, some Ksh 3 billion was allotted to finish the construction of 181 stalled markets that were begun in 2008.
To boost job growth, reduce post-harvest losses, and improve the processing, marketing, and distribution of agricultural goods, an additional Ksh. Three billion was allotted for 6 Export Processing Zones Industrial Parks.
Additionally, the government has earmarked funding for hiring 20,000 instructors, more TVET trainers, operationalising 21 KMTC sites, and recruiting professors and personnel.
An additional Ksh.Ten billion will go to The Hustler Fund to assist business ventures. At the same time, the budget included money to raise the number of interns employed by the Public Service Commission from 4,000 to 8,000, with each receiving a Ksh.25,000 monthly pay.
The School Feeding Program received about Ksh. 5 billion.
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