Corporate entities also received a significant reprieve with the Committee’s rejection of the Bill’s proposal to have 60 per cent minimum deemed dividend distribution threshold on undistributed income.
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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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“The revenue that the Social Health Authority collects for the three funds is really not enough to meet its expenses," said Seme MP James Nyikal.
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The total national government budget ceiling has been set at Ksh 2.878 trillion.
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According to the copy of the petition seen by Uasin Gishu News, Omari wants the MPs to order the current SUPKEM leadership to step aside and pave the way for an interim committee to be established.
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The move come slightly over a year to the June 2026 deadline given by the High Court last year for the Fund to cease to exist.
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