On 15th June, 2023 the Cabinet Secretary, in charge of National Treasury, Professor Njuguna Ndung’u presented the budget statement to the Speaker of the National Assembly themed “Bottom-Up Economic Transformation and Climate Change Mitigation /Adaptation for Improved Livelihoods of Kenyans”. This comes at a time when Kenya is experiencing a challenging external and domestic environment occasioned by the worst drought spell as well as the adverse Covid-19 post-pandemic effects.
The total revenue projected inclusive of Appropriation-in-aid and grants for FY 2023/24 budget to be Kshs 2.96 trillion which is an equivalent of 18.2% of GDP.
|Description||Amount in Kes|
|Ministerial Appropriation-in-aid||348.7 billion|
|Total Revenue Projection||2.96 trillion|
What is the budget proposal for Kenya 2023/2024?
Download the Kenyan Budget 2023/2024 highlights and analysis
Also Read: Finance Bill, 2023 Kenya Highlights