Ukur Yattani Kanacho 2020/21 budget themed Stimulating the Economy to safeguard livelihood, stream line jobs and Steer Economic recovery was read to Kenyans on 11th of June 2020 in regards to the constitution of Kenya.
Here is a summarized version of the COVID-19 read budget
- A total of 369.9 Billion has been dispatched to counties to support Devolution.
- The government has proposed Ksh 10billion for Youth Kazi mtaani program.
- 712million has been proposed for SME’s for manufacturing.
- The government has rolled out a food sustaining strategy meant to develop road map to the post Covid phase as well as beyond 2030.
- A total of ksh 1.83 Trillion has been proposed to The executive to enhance service delivery and servicing of government projects.
- The budget also Proposes a 3billion figure for a credit guarantee scheme to help in unlocking finances for small and medium enterprises.
- An amount of 300m has been allocated to facilitate to the ICT sector to facilitate training and equipping of ICT interns to oversee online learning during this period.
- 3Billion has been proposed to help in restructuring of the Tourism sector.
- The Government has directed all MDAs to clear all pending bills or face serious consequences of the government withholding their exchequer.
- Government has promised to reengineer the Government procurement opportunities to the youth, Women and Persons with disabilities.
- The CS has also proposed an amount of ksh 13.1 billion for pending bills meant for contractors,Suppliers and manufacturers.
- 7.4 Billion has been proposed to improve education by facilitating employment of 10000 interns as teachers,2.1b for classrooms,1.9b for 250,000 locally made desks.
- 700m for capitation of infrastructure in Arid and Semi arid Lands.(Asals)
- The finance bill also Proposes introduction of minimum tax to facilitate smooth transition of the economy on the post Covid economic blueprint.
- 1.5Billion for flower and the horticulture industry to help them sustain the industry during The pandemic and also access the international marks on both the current and post Covid phases.
- 4.1billion to support the free maternity government programme.
- 15.1 Billion to the house development program including the affordable housing Agenda by the president.
- The government has proposed 111.7 Billion for health sector to enhance healthcare stability.
- Kazi mtaani program to employ more than 200000.
- 18.3 Billion has been set aside for the manufacturing and local industry production.
- 843million for the modernisation of Rivatex to enhance employment opportunities among the youth.
- 18.1 Billion has been spared for the SGR phase 2 program,6.1 Billion for the lapset project and 5.6 Billion for Mombasa Development project.
- Government has set aside 167.9Billion for national security agencies to secure the nation.
- 2B has been proposed to hire teachers in addition to the 10000interns meant for the Economic stimulation program.
- 59.4B for Free day secondary school facilitation has been proposed to factor in Education reengineering.
- 41B has been set aside for the National Government Development fund.
- 150M has been proposed for the Women Enterprise Fund.
- 17.6 Billions set aside for cash transfers to the elderly.
- 400million has been spared for the persons living with disabilities welfare Kitty.
- Youth receives 10.2B under the NYS program,2.1B for the KYAP and 359m for the Youth Enterprise development program.
