Posts

Showing posts with the label Devolution

Kenya’s 2024/25 Budget: Sectoral Allocations and Policy Priorities

  The FY 2024/25 Appropriation Bill reflects Kenya’s ongoing efforts to align fiscal policy with the regime’s Bottom-Up Economic Transformation Agenda ( BETA ) and the Fourth Medium-Term Plan (MTP IV) of Vision 2030. The distribution of resources demonstrates a deliberate prioritization of education, healthcare, infrastructure, social welfare, and, importantly, devolution as the key ambitions of Kenya Vision 2030.                       Below is a sectoral breakdown of the allocations : 1. Education – Ksh 718.8 Billion   As the largest beneficiary of the budget, the education sector underscores the government’s recognition of human capital development as a driver of long-term growth. Funds will go toward: ·        Expansion of the Competency-Based Curriculum (CBC), hiring more teachers, and building more class rooms.  ·         Recruit...