[PHOTOS] Ruto assents to Supplementary Appropriation (No.2) Bill, 2024

The Bill was passed by the MPs last week.

by The Star

In-pictures05 August 2024 - 11:49

In Summary

Agriculture, for instance, has a reserve of Sh20 billion to support farmers to enhance production and productivity.
In the health sector, Sh16.2 billion has been set to support the reforms and promote universal health coverage (UHC).

President William Ruto signS into law the Supplementary Appropriation (No.2) Bill, 2024 at State House Nairobi on August 5, 2024.

President William Ruto has Monday assented to the Supplementary Appropriation (No.2) Bill, 2024.

The Bill was passed by the MPs last week.

It seeks to revise budget allocations for the three arms of the government to address the Sh344 billion revenue shortfall following the rejection of the Finance Bill, 2024.

President William Ruto with the clerk of the National Assembly Samuel Njoroge and other leaders when he signed into law the Supplementary Appropriation (No.2) Bill, 2024 at State House Nairobi on August 5, 2024.

The total reductions for the national government is Sh145 billion consisting of Sh40 billion for the recurrent expenditure and Sh105 billion for development.

Out of the total Sh145.7 Billion reductions, the reductions for the Executive is Sh139.81 billion drawn from various ministries.

The bill contains a reduction of Sh3.7 billion for Parliament and Sh2.1 billion for the Judiciary.

President William Ruto is joined by the National Assembly Speaker Moses Wetangula and his Deputy Rigathi Gachagua and other leaders in a photo session after signing into law the Supplementary Appropriation (No.2) Bill, 2024 at State House Nairobi on August 5, 2024.

In passing the Bill, the MPs struck a balance by reducing recurrent expenditure while safeguarding critical essential expenditure in the agriculture, health and education sectors among others.