KIDERO SIGNS 36 BILLION BUDGET FOR 2016/2017 FINANCIAL YEAR

KIDERO-SIGNSNairobi Governor Dr. Evans Kidero finally signed into law the Appropriation Act 2016 which concludes the 2016/17 budgeting process at Sh36 billion.

Speaking during the signing of the Act, Kidero indicated that the estimates demonstrated a renewed commitment to infrastructure development with Sh4.9 billion going towards rehabilitation and repair of roads within the City.

He pointed out that all efforts would be made to achieve revenue projections which he said had been placed in competent hands.

“This marks an important milestone in our development journey. We will ensure to achieve our revenue projections which are coming under better management and are being re-oriented to enable us continue changing and improving lives,” said Kidero.

Of the Sh35.9 billion budget, Sh23.15 billion has been set aside for recurrent expenditure, 65 percent of which will be used to pay salaries and wages of the county government staff.

County Assembly Budget and Appropriations Committee Chairman Michael Ogada had explained that Sh12.8 billion which represents 36 percent of the entire budget had been set aside for development programs.

He also stated that the Public Works and Infrastructure sector got the largest allocation of development funds having been given Sh4.87 billion and the health sector getting Sh6.55 billion out of which Sh1.1 billion has been set aside for development programs.

Members of the County Assembly (MCAs) passed the controversial budget estimates after Kidero bowed to their demand for the release of ward development funds.

The MCAs urged Governor Kidero to fully implement the estimates to ensure development in key sectors.

 

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