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

The Bill was passed by the MPs last week.

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).
by FELIX KIPKEMOI Political Reporter
InPictures
05 August 2024 - 12:18

President William Ruto has Monday assented to the Supplementary Appropriation (No.2) Bill, 2024. https://shorturl.at/qGVop

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

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.
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.
Image: PCS

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.
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.
Image: PCS

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.

President William Ruto signs into law the Supplementary Appropriation (No.2) Bill, 2024 as his Deputy Rigathi Gachagua and other leaders look on at State House Nairobi on August 5, 2024.
President William Ruto signs into law the Supplementary Appropriation (No.2) Bill, 2024 as his Deputy Rigathi Gachagua and other leaders look on at State House Nairobi on August 5, 2024.
Image: PCS

Tax law withdrawal threw state into disarray – Nyoro

Kiharu MP exposes the adverse effects of dropping the Finance Bill and the tough, narrow and painful options
News
1 month ago

Interior ministry seeks views on Correctional Services Bill

The month-long drive is seeking views on consolidation of all laws related to correctional services
News
1 month ago

Mbadi: How I will address the issue of pending bills

Mbadi is among the five nominees scheduled to appear today for vetting.
News
1 month ago

Ruto's funding burden after Finance Act 2023 blow

The government is staring at a Sh946 billion deficit in the current financial year.
Business
1 month ago
Post a comment
WATCH: The latest videos from the Star
by FELIX KIPKEMOI Political Reporter
InPictures
05 August 2024 - 12:18

Most Popular

  1. [PHOTOS] Mt Kenya East MPs meet to chat way for region

    4h ago InPictures

  2. Top cops in Mandera, Wajir to asses security operations

    6h ago InPictures

  3. [PHOTOS] DP chairs NEDI consultative forum at his residence

    10h ago InPictures

  4. [PHOTOS] How Harmony for Haiti concert went down

    1d ago InPictures

  5. [PHOTOS] PS Omollo reviews learner safety in Taita Taveta

    2d ago InPictures

Latest Videos

  2. Moi varsity students hold demo, demand withdrawal of new funding model

  3. David Mutere KCB’s 2jiajiri plan helped me create jobs