This archive report was first published on 16 November 2019.
On November 16, 2019, the Kenyan government announced its intention to seek approval for a supplementary budget of Sh86.6 billion. This move has been met with criticism, as it is seen as a continuation of the fiscal indiscipline that has characterized President Uhuru Kenyatta's regime.
The Treasury has characterized the supplementary budget as a reorganization of spending to prioritize either new or existing development projects. However, critics argue that this move is merely a way to justify the misappropriation of funds.
According to reports, the money allocated to the supplementary budget will be used to finance projects such as roads, health infrastructure, and other initiatives targeting the manufacturing sector. However, the fiscal deficit is expected to increase to 6.3% of projected economic output for the fiscal year (GDP).
The announcement of the supplementary budget has been seen as another indication of the fiscal indiscipline of President Kenyatta's regime. Critics point out that the government has a history of mismanaging funds, with over Sh60 billion in stolen money being reported over the last year.
The
