BUDGET2021/22

Sh142.1 billion set aside for Big Four Agenda

Sh20.5 billion allocated to the Manufacturing sector, Sh60.0 billion towards Food Security.

In Summary

•President Uhuru Kenyatta's Big Four Agenda as well as the Covid-19 recovery plan were expected to get a lions share of the government's budget.

•The treasury allocated Sh47.7 billion towards Universal Health Coverage which is a slight reduction from the previous budget of Sh50 billion.

CS Ukur Yatani poses for a photo holding the Budget briefcase outside Treasury Buildings along Harambee Avenue before proceeding to Parliament ahead of Budget reading on Thursday, 10 June./WILFRED NYANGARESI
CS Ukur Yatani poses for a photo holding the Budget briefcase outside Treasury Buildings along Harambee Avenue before proceeding to Parliament ahead of Budget reading on Thursday, 10 June./WILFRED NYANGARESI

The government has allocated Sh142.1 billion towards implementation of the Big Four Agenda.

President Uhuru Kenyatta's Big Four Agenda as well as the Covid-19 recovery plan were expected to get a lion's share of the government's budget.

While reading the 2021/2022 Budget on Thursday, Treasury CS Ukur Yattani said Sh20.5 billion has been set aside for the Manufacturing sector.

Another Sh60.0  billion has been allocated towards Food Security.

The Treasury allocated Sh47.7 billion towards Universal Health Coverage which is a slight reduction from the previous budget of Sh50 billion.

 Sh13.9 billion has been allocated towards Affordable Housing.

This allocation  brings to about Sh1.12 trillion, the total amount of money that has gone into the projects so far.

The Big Four agenda is anchored on the pillars of food security, manufacturing, universal health coverage, and affordable housing.

However, with barely 15 months to the end of President Kenyatta's two-year term, there are concerns Jubilee may not achieve the intended milestones.

The President sought to create jobs and reduce poverty by growing the manufacturing sector’s share of GDP to 15 per cent by next year.

Initiatives that guarantee food security and improve nutrition to all Kenyans by 2022 were also lined up.

The President also pledged affordable healthcare to all Kenyans and 500,000 affordable housing units by next year.

However, owing to Covid-19, Jubilee slashed Sh54 billion— largely development funds— in favour of a post-pandemic recovery plan. An allocation of Sh26 billion is proposed for this year.

“Economic plans adopted prior to the outbreak of the pandemic were adversely affected,” Treasury CS Ukur Yatani said in the estimates’ memorandum.