According to Deputy President Rigathi Gachagua, the Mount Kenya region will receive the lion's share of the monetary allocations suggested in the Finance Bill 2023.
According to DP Gachagua, the Finance Bill has increased emphasis on reviving consistent production of the three primary goods that generate income for citizens in the region: coffee, tea, and milk.
DP Gachagua stated on Saturday during a Farmers Field Day in Githunguri, Kiambu County, that the region will benefit from the large budget allocation for road and infrastructure development.
In his speech, the second head of state said that if one region has been considered in the Finance Bill, it is Mount Kenya. In this year's budget, they have put Ksh.250 billion, and now the roads will continue to be built.
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gachagua added that The Finance Bill had benefited them greatly in Mount Kenya because Animal feed matters have been zero-rated, lowering prices and benefiting farmers and the elimination of VAT on tea and zero-rated tea packaging.
The second in command also stated that he would be on a mission to eradicate brokers stationed throughout the region that support price increases in product manufacture and selling.
On June 14, the Bill breezed through the Second Reading stage in the National Assembly, with 176 Members of Parliament in favour and 81 opposed.
The Bill is now scheduled for the Committee of the Whole House stage, where the entire House will convene as a Committee to review it.
Any proposed amendments are made and voted on during the Committee of the Whole House stage. It will then move on to the report stage when the House will vote on it. Members may request that the House reconvene in a Committee to discuss any disputed provisions.
The opposition has, however, maintained that they oppose the finance bill and have promised to unveil something better in the coming days.
