NAIROBI, KENYA: Treasury Secretary Henry Rotich has presented the 2019/20 budget in Parliament featuring new tax measures that pump extra Sh37 billion into the Exchequer. By using our site, you agree to use our cookies. I have allocated Ksh 7.9billionfrom the Sports, Arts and Social Development Fund to fund the universal health care initiatives 3. Ksh 2.9 billion for Doctors/Clinical Officers/Nurses internship programme 4. The National government plans to spend Sh3.02 trillion, about 10 billion higher than the current (2018/19) budget. By Pokot Warriors Turn to Farming After Abandoning Cattle Rustling, Why I've Not Re-Married Since My Divorce - Prezzo, Nyashinski, Samidoh, Masika Set for Jenga Jirani Virtual Concert, Sosuun Announces Exit From 10-Year Marriage With Kenrazy, Deadly Start to November As People Ignore Virus Rules, Kenyatta Meets Pope Francis As He Starts Vatican Tour, Prison Beauty Queen Loses Appeal on Death Sentence, Covid-19 Law-Breakers to Meet Tough New Rules in Crackdown, Release Me From Custody, Ruto Lawyer Gicheru Begs ICC, Man Shot During 2017 Campaign Rally Left With Sh4.6m Hospital Bill, Raburu, Gengetone Artists Face Lawsuit Over Flopped Festival, Covid-19 Death Toll Rises to 1,093 After 21 More Virus-Related Fatalities, President Kenyatta Meets Pope Francis At Start of Official Visit to Vatican, Virus Infections Rise in Schools Triggers Fears of Mass Spread, Agronomist Notebook - Major Physiological Issues in Tomatoes. Will Kenyatta Close the Economy Again Over Surging Covid-19 Cases? The Supplementary budget includes Sh 5 billion allocated to Counties for Coronavirus response and Sh 3.4 billion earmarked for COVID-19 allowances to frontline health workers. AllAfrica publishes around 900 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. Subscribe to NTV Kenya channel for latest Kenyan news today and every day. Mr Rotich increased the rates of excise duty on cigarettes, wines and spirit by 15 per cent. Kenyatta Orders State Officers Above 58 Years to Stay Home, Kenya Enforces New Measures After Surge in Covid-19 Deaths and Infections, Kenyan Lawyer Due for Pre-Trial After Handover to ICC Judicial Custody, Covid-19 - Kenyatta Says October Was a Dark Month for Kenya, Kenyatta Suspends Political Rallies for 60 Days, Allows Town Hall Meetings, Kenya Records 1,494 Covid-19 Cases, the Highest on a Single Day, KenGen Names Former Chief of Defence Forces Gen. Samson Mwathethe as New Chair, Former Gor Skipper Musa Mohamed Back to Zambia After Morocco Deal Falls Through, Vihiga Beat Kisumu All Stars on Penalties to Roar Back to the Kenyan Premier League, KRA's Alternative Dispute Resolution Records a Performance Growth of 100%, MCAs Want to Meet Kenyatta, Odinga Over BBI, Governors Want Kenyatta to Enhance Covid-19 Measures, Kenya's PMI Defies Impact of the Virus to Hit a Record 59.1 in October, Fraud-Accused Prophet Bushiri Faces Uncertain Future, Nigeria's TB Joshua Fires Back After U.S. Election 2016 Prophecy, U.S. Election 'Leaves a Bitter Taste in African Mouths', Ethiopia Declares State of Emergency in Defiant Tigray Region, European Crowd1 Scam Exposed for Exploiting Africans, Others, Survivors to Speak Out in Film About Rape Under Ex-Gambia Leader. In order to contain the ballooning wage bill, Rotich proposed to limit strictly the extension of service employment for the significant number of civil servants who are retiring after the age of 60 years. Get the latest in African news delivered straight to your inbox. This year’s budget focuses on the Big Four Agenda which has been funded to the tune of Sh450 billion . These are documents prepared by the county governments during the annual budget process. KRA, he added, would continue to strengthen and upgrade ICT systems, including the full rollout of the Integrated Customs Management System which has been delayed for too long besides information sharing through Memorandum of Understanding (MoUs) with other jurisdictions to support the fight against cross-border tax evasion; He said the economy continued to be resilient in the midst of significant global and domestic elements. Also present were Solicitor General Kennedy Ogeto, Clerk of the National Assembly Michael Sialai and State House Deputy Chief of Staff Njee Muturi. There was a problem processing your submission. "In 2018 our economy grew by 6.3 per cent, up from 4.9 in the previous year, " he said adding "the growth is the highest to have been recorded for the past 8 years and well above the sub-Saharan Africa regional average growth of 3 per cent and the global average of 3.6 per cent.”.
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