Question

Why does Kenyan government prepare budget every year?

Answer 1

Kenyan government prepare budget every year so as to;

• Identify its source of revenue
• Identify ways of spending the revenue economically
• Enable the public on the economic situation of the country
• Help the government access its performance in the previous years
• Educate the public on the economic situation of the country
• Create credibility in financial management or enhance accountability
• Help the government get funds borrowed or donated for development
• Accomplish already started projects