East Africa Community finance minister wary of Gulf war impact on economies as they unveil budgets
The region is seen as highly vulnerable to the trade turmoil arising from the conflict given its reliance on fuel and fertiliser imports – concerns which prompted the African Development Bank to cut the region’s growth forecast for this year by half a percentage point.
Finance minister assures Kenyans country ‘people-driven budget’ that anchors economic resilience and prosperity
The cabinet secretary said the rejection of the 2024 Finance Bill spoke to the need for fiscal discipline, a reason that made the government to implement austerity measures and prioritised essential social sectors among them education, health and reinforcing the importance of prudent financial management and resource optimisation.
Pushed to ends of extreme poverty, livestock owners in Machakos County live in perpetual shadows of death
According to Community Chair Thomas Mutuku in the past two months up to 2,000 livestock including, cows, goats and sheep have been stolen. This week the robbers raided several homesteads from where 60 cows were stolen in the dead of the night.
Kenya’s finance minister sets aside Ksh47.6 billion for agriculture in Ksh4.29 trillion budget
In order to promote livestock production, the cabinet secretary further proposed, Ksh2.3 billion for de-risking, inclusion and value enhancement of pastoral economies programme, Ksh1.6 billion for Kenya livestock commercialization programme and Ksh280 million for the livestock value chain support project.
Kenya’s finance minister sets aside Ksh138.1 billion in budget to address turbulence in health sector
Out of the proposed allocation, Ksh6.2 billion was proposed for Universal Health Coverage Coordination and Management, while Ksh13.1 billion went to the Primary Healthcare Fund, and Ksh430 million to provide medical cover for the orphans, elderly and severely disabled persons.
