PUBLIC DEBT COMMITTEE BRIEFED ON CO𝗡SOLIDATED FUND SERVICES EXPENDITURE FOR THE 2023/2024 FINANCIAL YEAR
The Public Debt and Privatization Committee chaired by Hon. Abdi Shurie (Balambala) has been briefed by the Parliamentary Budget Office on the Consolidated Fund Services (CFS) Expenditure for Financial Year 2023/24.
According to a report by PBO, the overall budget for the Financial Year 2023/24 is projected to reach Kshs. 3.599 trillion or 22.1 percent of the Gross Domestic Product (GDP). This is made up of Kshs2.48 trillion in recurrent expenditure and Kshs 689.1 billion in development expenditure.