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Investment

Public Input Wanted for FY 2017/18 National Budget

BY David Indeje · November 30, 2016 01:11 pm

The Kenya National Treasury has invited the public to submit proposals for considerations in the 2017/18 financial year budgetary allocation.

In a circular signed by Dr. Kamua Thugge, Principal Secretary at the National Treasury, institutions, the private sector, NGOs and individuals have until December 30 to submit the proposals.

“The proposal should take into account measures that will spur and or sustain economic growth, strengthen devolution, create wealth and employment opportunities, and reduce poverty in line with Vision 2030,” Thugge says.

He said the proposals should outline ways to create a conducive business environment, how to attract investments in agriculture, modernise seaports, airports, rail, road and oil sectors.

The proposals should also provide guidelines to reform tax systems and streamline revenue administration.

“The submissions should be specific, supported with a brief statement of the issue to be addressed and the rationale for the proposal,” Thugge said.

The invitation to the public is in accordance to Article 201 (a) of the constitution provides for openness, accountability and public participation in the country’s financial matters.

national-treasury-circular

Related:

According to the draft budget policy statement for the 2017-18 financial year, the National Treasury has allocated agriculture rural and urban development KSh46.6 billion, a slight increase from the current KSh46.5 billion.

David Indeje is a writer and editor, with interests on how technology is changing journalism, government, Health, and Gender Development stories are his passion. Follow on Twitter @David_IndejeDavid can be reached on: (020) 528 0222 / Email: info@sokodirectory.com

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