Free Primary Education Program Receives Sh.12.5 Billion Budgetary Allocation
Yesterday, Sh628,6 billion were allocated to the education sector for the Financial Year 2023/24, with a greater emphasis on learning outcomes in the country.
The Free Primary Education program received Ksh.12.5 billion.
On Thursday, when Treasury Cabinet Secretary Njuguna Ndung’u presented the 2023/24 Budget to Parliament, Education will receive the largest allocation of Ksh. 630 billion.
This represents 27.4% of the budget as the administration of President William Ruto seeks to provide accessible and high-quality education.
In the budget for this year, primary institutions will receive an increase from Sh12 billion to Sh12.5 billion.
In FY 2023/24, Ksh 628.6 billion has been allocated to enhance educational outcomes in the country.
According to National Treasury CS Prof. Njuguna Ndung’u, the Kenya Kwanza Government intends to address educational disparities.
Ndung’u added that the allocation would level the playing field for all students, regardless of their socioeconomic status.
“The ultimate means of ensuring an equitable society is through investment in education, as part of human capital development. For this reason, we have allocated it a Ksh 628.6 billion,” he said.
Prof. Ndung’u however warned that the national and county administrations’ unpaid bills will reach Ksh.696.9 billion by the end of March 2023.
As of March 31, 2023, the national government had outstanding invoices totaling Ksh 537.2 billion.
This included Ksh.450 billion for State corporations and semi-autonomous government agencies, as well as Ksh.79.3 billion for ministries, departments, and agencies.
During the same period, county governments reported a total of Ksh 159.7 billion in outstanding invoices.
In his first budget address to the National Assembly, CS Ndung’u stated that the increase has had negative effects on micro, small, and medium-sized businesses, with many struggling to meet their financial obligations.
Free Primary Education Program Receives Sh.12.5 Billion Budgetary Allocation
