The government has identified nine key value chain areas it will prioritise in the implementation of the Bottom-up Economic Transformation Agenda (BETA).
National Treasury Cabinet Secretary Njuguna Ndung’u told MPs the government has identified leather, cotton, dairy, edible oils, tea, rice, blue economy, minerals including forestry and building materials as value chain areas.
“To ensure that the 2023 Budget Policy Statement is aligned to the BETA value chain priorities, the National Treasury held consultative meetings with Ministries, Departments and Agencies,” he told members of the Budget and Appropriations Committee on Tuesday.
A value chain is a series of consecutive steps that go into the creation of a finished product, from its initial form to its arrival at a customer's door.
The purpose of the value-chain analysis is to increase production efficiency in order to deliver maximum value for the least possible cost.
Ndung’u told the committee his ministry has assessed the extent to which MDAs have allocated resources for the implementation of the BETA value chain priorities.
He said they are keen to ensure strategies of ministries, departments and agencies are fully aligned with the government’s priorities.
“During the review of the Budget Estimates, we noted that MDAs have to a large extent accommodated the value chain priorities in the proposed estimates,” he said.
Ndung’u said his ministry has identified funding gaps for critical BETA value chain priorities.
“We propose to fund these priorities through rationalisation of low-priority items under operations and maintenance in the Recurrent Budget and select development projects,” he said.
The CS proposed adjustments in critical government priorities which include capitation to junior secondary schools, pending certificates under the State Department for Roads, Housing, County Industrial Parks, Export Processing Zones, public participation projects, insurance for human-wildlife conflicts, land resettlements, and operationalisation of new offices.
