The National Treasury Cabinet Secretary Njuguna Ndung'u on Thursday unveiled the 2024/25 budget estimates.
The 2024/2025 budget presented in Parliament is estimated to cost Sh3.91 trillion.
Of the amount, Sh1.58 trillion is meant for recurrent expenditure, Sh727.9 billion for development expenditure, Sh1.21 trillion for consolidated fund services and Sh400 billion for county equitable share.
To foot this budget, the government targets to collect Sh2.91 trillion from ordinary revenue and Sh441 billion from ministerial appropriation in aid.
There were winners and losers in the budget that has left mixed reactions among Kenyans.
For instance, the excise duty on cash transfer is proposed to be retained at 15 per cent.
