Kenya: Treasury Invites Views on Draft Budget Statement for 2023-2024

30 December 2023
Capital FM (Nairobi)
By Future Kyuma

Nairobi — Kenyans have until January 5, 2023, to submit their views on the 2023-2024 budget draft, according to a notice published by the National Treasury.

Treasury Cabinet Secretary Njunguna Ndung'u stated that the Ministry will hold public hearings on the proposed 2023/2024 Financial Year and medium-term Budget at the Kenyatta International Convention Centre (KICC) from January 11, 2023 to 13.

"We have prepared the draft 2024 budget policy statement for the MTEF FY 2024/25 -2026/27 Budget which is available at the National Treasury website," read the statement.

Article 201 (a) of the Constitution and Section 36 of the Public Finance Management Act 2012 requires public participation in the budget-making process.

The Commission on Revenue Allocation, county governments, the Controller of Budget, and the Parliamentary Service Commission, among other interested persons or groups are among the stakeholders invited to make presentations at the public hearings.

Read the original article on Capital FM.

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