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Budget Highlights 2011-12

Posted by: Frank    Tags:      Posted date:  July 5, 2011  |  4 Comments


BUILDING RESILIENCE, DEALING WITH EMERGING CHALLENGES — ADDITIONS TO SPENDING PLANS

  • KSh 7.3 billion for irrigation programmes covering various parts of the country
  • KSh 1.6 billion for water harvesting and construction of water pans.
  • KSh 1 billion for Agribusiness Fund to catalyze funding to agriculture
  • KSh 400 million for Livestock Development Fund to boost livestock development
  • KSh 2.1 billion to boost the current safety nets to cushion the vulnerable (disabled, orphans, older persons, and urban poor)
  • KSh 3.3 billion (first phase) to enhance pension for retired teachers and cushion them from rising cost of living
  • KSh 840 million for bursary (KSh 20,000 per child) to cover additional 200 poor students per constituency
  • KSh 300 million for sanitary pads to support girls in schools countrywide.
  • KSh 2.3 billion for basic services—water/irrigation, health, solar power, slaughterhouses—in marginalized areas.
  • Additional KSh 3.7 billion (KSh 17.8 million per constituency) for CDF for completion of existing projects.
  • KSh 2 billion capital grants to cooperative societies to pay coffee debts
  • KSh 2.9 billion for expansion and updgrade of commuter rail in Nairobi and its environs
  • KSh 4.2 billion for resettlement of IDPs (all categories)

 

4 Comments for Budget Highlights 2011-12

Adelaide

Kenyans are going to need to tighten their belts if they are to survive these changing times. For some reason though there seems to be more spending happening, so where is all this money coming from?

Reply

Frank

With the increase in borrowing rates, I think we are set to see the spending habits go lower as the Mwananchi will have reduced access to money.

Reply

Tariq

I like the budget allocation on Irrigation programmes at 7.3 billion, as it is in 2010 the sector showed a growth of 6.3%

Reply

Judy

Note how funding in irrigation, agribusiness, water harvesting is gaining importance-as the issue of food security takes precedence in not only Kenya but also all over the world-we are seeing more developed nations scrambling to get land, and develop innovative irrigation schemes for food production.

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