Unpacking the 2019/20 Budget
The National Treasury, Republic of Kenya, tabled the budget statement for the 2019/20 fiscal year in parliament on 13th June, 2019. The theme of the budget statement was “Creating Jobs, Transforming Lives-Harnessing the ‘Big Four’ Plan”.
This fiscal year’s budget, which amounts to Ksh 3.02 trillion, is the most ambitious in the history of the republic. Special focus has been given to the “Big 4 Agenda” which has been allocated Ksh 450.2 billion, accounting for 14.6% of the total budget.