National Treasury Cabinet Secretary proposed renaming Kenya Revenue Authority (KRA) to Kenya Revenue Services (KRS).
Below are some other briefs from the Sh3.3 Trillion budget that was read yesterday.
COUNTY GOVERNMENTS to get Sh407.1bn in 2022/23; Sh370bn as equitable share and Sh37.1bn as conditional allocations.
IEBC ALLOCATED Sh21.7 billion to organise August polls; CS Yatani says commission already has Sh22.9 billion in current budget.
CS Yatani proposed 15 percent excise duty on fees charged by media for gambling, betting and alcohol advertisements.
Yatani directs county governments and government institutions to clear all pending bills by June 30, 2022.
The BIG Four Agenda allocated Sh146bn; Sh200 million to NMS for Nairobi metropolitan area improvement while BRT projects get Sh1.2bn.
The CS proposed abandoning debt ceilings in favour of debt anchor system; proposes anchor be set at 55pc of debt and that Finance Ministers be required to report to Parliament whenever Kenya crosses this threshold.
Ministry of Education allocated Sh525bn; budget factors in construction of classes for junior secondary.
The CS proposed amendment to Insurance Act to compel boda boda riders to take covers for their passengers.
Sh17 billion has been allocated to fight climate change.
Security will gobble up Sh318 billion, even as we head to the election year.
The Healthcare budget
To be updated
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