The agreement was signed at the National Treasury Headquarters in Nairobi in the presence of a United States delegation led by U.S. Chargé d’Affaires Ms. Susan Burns.
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The deal adds to Japan’s growing footprint in Kenya’s manufacturing space.
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Of the total budget, recurrent expenditures will amount to KSh 3.57 trillion, development expenditures, including allocations to domestic and foreign financed projects, Contingency Fund and Equalisation Fund amounting to KSh 750.0 billion.
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According to the CS, Kenya imports all petroleum products requirements (super diesel and aviation fuel) under the G-G arrangements.
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Treasury CS John Mbadi said despite the fact that the base is yet to expand, they were not going to increase taxes.
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The Government has stepped up efforts to promote fair, transparent and responsible digital lending.
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The meeting resolved that the National Treasury, Ministry of Education, public universities, and unions will engage within two weeks to develop a final implementation schedule for both the pending and future CBAs.
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The lawmakers made the appeal during an engagement session with Treasury Cabinet Secretary John Mbadi, where the he was defending government’s proposal to privatize the Kenya Pipeline Company (KPC).
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