The health sector has been allocated KSh 111.7 Billion, made up of KSh 50.3 Billion to enhance Universal Health Coverage, KSh 19.2 Billion to deal with Malaria, HIV and Tuberculosis and KSh 6.2 Billion for providing specialized equipment to public hospitals. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. “We appreciate the initiative of the G20 and the multilateral financial institutions to press for a debt moratorium for about 6-7 months up to December. Out of this, KSh 59.4 Billion is for free secondary education and KSh 12.4 Billion for free primary school education. Available on Jumia and Jumia Food, the discount will be applied once a customer selects ‘M-Pesa’ as their preferred payment option at check-out. The Treasury Cabinet Secretary Ukur Yatani walked a tight rope while making public pronouncements on the Kenya Budget including his revenue-raising measures and the highlights of the KSh 3.2 Trillion 2020/21 document, his first such appearance before parliament. The Housing, Urban Development and Public Works has been allocated KSh 15.5 Billion in the Kenya Budget 2020/21, out of which KSh 6.9 Billion is for affordable housing projects and a KSh 3.2 Billion loan from African Development Bank is soon to be concluded. The Finance Ministers of the East African Community (EAC) member countries of Kenya, Uganda, and Tanzania presented their budgets for 2020-2021. Ksh128.3 billion has been set aside for President Uhuru Kenyatta’s legacy plan, The Big Four Agenda that aims to channel more resources to Food Security, Universal Healthcare, Manufacturing, and Affordable Housing. This website uses cookies to improve your experience. Yatani also dropped a bombshell while directing all ministries, departments and government agencies to settle their pending bills failure to which funding will be withheld. Minimum tax is likely to sail through because this will deal with loss-making taxpayers once and for all,” said Patrick Ngotho Chege, a tax expert at Deloitte Kenya. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. Such services are provided solely by member firms in their respective geographic areas. Treasury has allocated KSh 167.9 Billion to the security agencies which includes the army, prisons and the National police force as well as national intelligence. This Finance Bill will be assented by the President as per provisions of the Public Finance Management (PFM) Act on 30th June, 2020. On 11 June 2020, the Finance Ministers of the East African Community (EAC) member countries, with the exception of Rwanda, continued the tradition of the synchronised presentation of their respective budgets. Parliament has been allocated KSh 37.3 Billion while the Judiciary will receive KSh 18.1 Billion from the exchequer. On the list of beneficiaries is the Education sector, which has been allocated KSh 497.7 Billion or 26.7% of the National Budget. {{vm.newUser1}} Ksh5.5 billion for national agriculture and rural inclusivity programme, Ksh730 million for food security and crop diversification project and Ksh10 billion for irrigation land reclamation.