Narok,
Monday, May 13, 2024
KNA by John Kaleke
The National Assembly Budget and Appropriations Committee chair, Ndindi Nyoro has said they will, beginning next week, start engaging Kenyans in public participation on the budget proposal.
Speaking at a fundraiser in Narok town at the PCEA Church, Nyoro, allayed fears on the 2024-2025 budget estimates saying whatever was published were only proposals subject to changes.
“The Finance Bill is the proposal from the National Treasury; when the proposal is brought to Parliament that is when the process begins,” said Nyoro.
Nyoro said the National Treasury has proposed a budget of Sh3.913 trillion for the 2024/25 financial year.
“As from next week, we will as a Committee be in different counties engaging the public on the budget making process,” added Nyoro.
Nyoro added that Kenya is a democratic country, and that is why Kenyans are in the forefront in the budget making process through public participation.
On the other hand, Nyoro said comparing Kenya to the other countries, Kenya has been ranked number 28 as fastest growing economy in the world adding the Gross Domestic Product (GDP) 2023 grew at 5.5 percent.
“Figures don’t lie, figures are based on data from the World Bank, International Monetary Fund and the Kenya National Bureau of Statistics.
Information is all over, you can Google it,” said Nyoro.Nyoro also added that the Shilling was at its weakest in January 2024, exchanging at Sh160 against the Dollar before it appreciated to trade at 133.99 per Dollar.
Leaders present included Governor Patrick Ntutu, Narok North Member of Parliament, Agnes Pareyio, Kitilai Ntutu Narok South Member of Parliament, David Sankok EALA Member of Parliament, Rebecca Tonkei Narok Women representative.
Courtesy of KNA