Kenyan Budget 2023/2024 Highlights and Analysis PDF

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.

DescriptionAmount in Kes
Taxes2.57 trillion
Ministerial Appropriation-in-aid348.7 billion
Grants42.2 billion
Total Revenue Projection2.96 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

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