Prime Cabinet Secretary Musalia Mudavadi has said the 2023-24 Budget will create a pathway to success.
He said the government is determined to make the economy stronger, create a healthy environment for citizens, and make the nation happier.
“Today's budget is a testament to our commitment as a government to building a self-reliant Kenya, with a focus on transformative reforms,” Musalia said.
“With a focus on infrastructure, healthcare, education, and digital economy reforms, we are creating a sustainable pathway to success.”
The Prime CS joined his fellow Cabinet colleagues, national leaders, and fellow citizens on Thursday, during the presentation of the budget by Treasury CS Njuguna.
The total budget for 2023-24 is Sh 3.68 trillion, marking an increase from Sh 3.3 trillion in the previous year.
The education sector received the largest share of the national budget with a total allocation of Sh628.6 billion representing 27.4 per cent of national expenditure.
Last Year, the education sector was allocated 544.4 billion.
The Teachers Service Commission scooped half of the total amount with a budget estimate of Sh316.7 billion.
The Commission was allocated 4.8 billion for the recruitment of 20,000 intern teachers.
The health sector also received a funding cut after the National Treasury reduced its allocation by Sh5.6 billion.
The Ministry received an allocation of Sh141.2 billion down from Sh146.8 billion in the 2022-23 financial year.
Of the allocation, Sh116 billion would go to the Medical Services department and Sh24.6 billion to Public Health Standards.
