logo
ADVERTISEMENT

EXPLAINER: What is a supplementary budget?

Tool used by Treasury to align what has been spent prior to parliament's approval.

image
by eric thuo

Africa25 November 2019 - 09:16
ADVERTISEMENT

In Summary


• It is drawn to take care of expenditure that was not foreseen during the budget-making process by the National Assembly in collaboration with the National Treasury.

• In the proposal, acting Treasury CS Ukur Yatani has instigated budget realignments resulting in the reduction of recurrent expenses for various MDAs by Sh5.6 billion.

It is drawn to take care of expenditure that was not foreseen during the budget-making process by the National Assembly in collaboration with the National Treasury.
ADVERTISEMENT