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The National Assembly Select Committee on Budget & Appropriations chaired by Hon. Ndindi Nyoro engaged with chairpersons of Departmental CommitteesΒ on the Supplementary Estimates II for Financial YearΒ 2022/2023.
The second Supplementary Estimates for the current fiscal year proposes to reduce the National Government Expenditure estimates by Kshs 6.4 billion. This comprises a reduction of Capital Expenditure by Kshs39 billion, an increase in recurrent expenditure by Kshs.7.6 billion and an increase in Consolidated Funds Services (CFS) by Kshs.24.8 billion.
While rationalizing the BudgetΒ and aligning it with the revised Macro Economic and Fiscal Framework, the 2nd Supplementary Estimates for 2022/23 also seeks to provide additional resources for drought related interventions, Junior Secondary School (JSS) capitation, security operations related interventions, salary adjustments and development partner funded projects.Β
Hon. Nyoro lauded the move to bring overspending and underspending of State resources to a close while minimizing the accrual of pending bills.
βThe purpose for this second Supplementary Estimates for the Financial YearΒ 2022/2023 is to align entirely Government expenditure and revenue so that we end the year with realistic figures and support the State Departments that are in dire need, before the end of June, 2023,β said Hon. Nyoro.
The chairpersons who appeared before the Committee include; Hon. Kariuki George Macharia (Transport & Infrastructure), Hon. Kangogo Bowen (Blue Economy & Irrigation), Hon. (Eng) Vincent Musyoka (Energy), Hon. James Gakuya (Trade, Industry & Cooperatives), Hon. (Dr) Robert Pukose (Health), Hon. Gabriel Tongoyo (Administration & Internal Affairs), Hon. John Kiarie (Communication, Information & Innovation) and Hon. Julius Melly (Education & Research).
The Budget & Appropriations Committee is expected to finalize the engagements, write a report and table it in the House for consideration. This will enable the affected Ministries, Departments and State Agencies (MDAs) implement the changes before the close of the current financial year.
