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Making of the budget: What every Kenyan needs to know

Njuguna Ndung'u

 Treasury Cabinet Secretary Prof Njuguna Ndung'u displays the Budget briefcase ahead of his speech in parliament in Nairobi, Kenya.

Photo credit: File | Nation Media Group

By  Roselyne Obala

What you need to know:

  • The law says the National Treasury should submit proposals to Parliament by June 30 for publication and introduction in the House for reading.
  • Thereafter, it should be committed to the Finance and Planning Committee of the National Assembly. While the Finance Bill only deals with revenue-raising measures, the Appropriations Bill looks into government expenditure.

MPs are unlikely to take the crucial vote on the Finance Bill, 2024 on Tuesday.

They could make the decision later in the week. Many Kenyans think the vote will take place on Tuesday.

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