President William Ruto has called on Members of Parliament to fasttrack the passing of the 2024/2025 budget documents amid concerns of high taxation.
President Ruto said the next budget will focus on completion of stalled Road projects, supply of electricity and water projects.
The call to MP comes amid an outcry from Kenyans that the 2024 finance bill was introducing punitive taxes aimed at funding the Sh3.9 trillion budget.
Speaking in Meru after laying the foundation stone for Sh200 million Meru Maziwa Millers factory, the head of state said the budget was critical for advancement of his bottom up agenda.
“In the next financial year, we have committed Sh2 billion for the dairy sector and Sh10bn for fertiliser subsidy to boostnour food production. I urge our MPs to speed up the passing of the budget to empower our dairy farmers.”
“We promised to sort out the stalled electricity projects in Meru. Because of this, we have increased the allocation for electricity connections from Sh1.2 billion to Sh2.2 billion to reach more Meru residents,” the president said reiterating the need for MPs to pass the proposed budget fast enoung ‘because Kenyans want electricity.’
President Ruto said his administration had spent most of its resources on reviving the economy and ensuring the country is food secure.
He said the efforts had led to lower cost of food while milk production increaed from 36 billion to 40 billion litres.
Tea earnings, he said rose from Sh140 billion in the previous year to Sh210 billion.
