Archive | June 13th, 2016

Henry K. Rotich, CS, National Treasury

HIGHLIGHTS OF KENYA’S BUDGET FOR THE FISCAL YEAR 2016/2017

The overall expenditure and net lending for FY 2016/17 will be KES 2,264.8 billion, about 30.6 percent of GDP. Estimated revenue collection is KES 1,295.4 billion or 19.7 percent of GDP by end of June 2016. As a result there is a financing gap of KES 691.5 billion. Even as the government explores options to […]

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