Kenya Budget 2018/2019 summary and full pdf statement (Henry Rotich speech)

Kenya’s Budget for 2018/2019 financial year summary speech was read in parliament by National Treasury CS Henry Rotich on 14 June 2018. Full pdf of the same is available for download in this page. The Kenya Budget 2018/2019 is focused on fulfilling President Uhuru Kenyatta’s big four agenda that we will highlight bellow.

Kenya Budget for Financial year 2018 2019, summary and full pdf statement of Henry Rotich speech in parliament/Photo

Tax Duty in 2018 Budget

Tax increase and exemptions 2018

35% tax on steel and iron products
35% tax on some paper and paper board produced in the region
35% tax on textiles and footwear as well as second hand clothing and footwear
35% tax on particle board, on medium density fiber board, on plywood and on block boards
35% vegetable oil import tax
12% excise duty fees charged on money transfer services by cellular phone service providers
Exempted tax one equipment used in post-harvest storage
Exempted tax in raw materials used in making animal feeds from
Exempted tax on parts imported or purchased locally for assembly of computers/laptops from VAT
Excise duty tax of 30% on private passenger motor vehicles whose engine capacity exceeds 2500cc for diesel and 3000cc for petrol powered vehicles
0.05 Robin Hood Tax on any amounts of five hundred thousand shillings or more transferred through banks and other financial institutions

Summary of Kenya Budget 2018/2019 (2.5 Trillion)

This is the first budget under president Uhuru Kenyatta’s regime in his second term since he was elected and the 6th Budget under the Jubilee government since 2013. It is geared towards achieving the Big Four Agenda which include;

Improving Manufacturing
Improving Food Security
Universal Health Coverage
Affordable housing

Theme of 2018 Budget: Creating jobs, transforming lives and driving prosperity

Kenya Budget 2018/2019 allocations expectations

NOTE! This post was updated accordingly after delivery of CS Rotich’s budget statement in parliament on 14^th June 2018. Below is a summary of it. Sections which are missing allocation will be updated.

Agriculture sector 2018/2019 Budget allocations

Irrigation projects (Bura and Mwea, National Expanded Irrigation Programme and Smallholder Irrigation Programme, Galana Kulalu, Turkana and micro irrigation in school): Ksh. 8.5 billion
crop and livestock insurance schemes: 300 million
subsidize fertilizer: 4.3 billion
strategic grain reserves: Ksh. 1.5 billion
lands delivery and Issuance of Title Deeds
Army worm mitigation: 300 Million
Kenya cereals enhancement: 1.9 billion
Mechanization of agriculture: Ksh 0.5 billion
Crop diversification: 0.9 billion

Under ministry of agriculture

Power/Energy Project 2018 Budget

rural electrification and connection of public facilities: 5.9 billion
Last Mile Connectivity: 6.7 billion
the national street lightning programme: 1 billion
Eastern Electricity Highway Project (Ethiopia – Kenya Interconnector): 5.5 billion
substation installation: 1 billion
installation of transformers in constituencies: 1 billion
Connectivity Subsidy: 1 billion
Loiyangalani – Suswa transmission line, land compensation and counterpart funding: 12.6 billion
Nairobi 220KV Ring: 3.1 billion

Construction Projects 2018 Budget allocations

Building Roads: 115.9 billion
Standard Gauge Railway (SGR) Phase 2 (two): 74.7 billion
Airports in Malindi, Isiolo and Lokichogio: 1.4 billion
Mombasa port Development project: 2.7 billion

Employment and jobs financial year 2018/2019 budget allocations

SRC
Teachers
Modernization of Industries to create more jobs

Devolution Kenya Budget 2018/2019 allocations

County Government sharable revenue: 314 billion
County government conditional allocations: 62 billion

Under ministry of devolution

2018/2019 budget allocations for Government Institution

Judiciary: 15.2 billion
Parliament: Ksh 36.8
Ethics and Anti Corruption Commission (EACC): 2.9 billion
Department of Public Prosecutions (DPP): 2.9 billion
Criminal Investigations Services: 6.4 billion
Office of the Attorney General: 5.1 billion
Financial Reporting Centre: 587 million
Assets Recovery Agency: 161 million

National Security Kenya Budget 2018/2019 allocations

Leasing of police vehicles: 9.2 million
police and prison officers medical insurance scheme: 6.5 billion
enhanced security operations: Ksh 8.9 billion
police and military modernization: Ksh 29.8 billion
securitizing our borders: Ksh 3.0 billion

Under ministry of internal security

Social Welfare Kenya Budget 2018 allocations

persons with severe disability: 1.2 billion
Orphans and vulnerable children: 7.9 billion
Cash Transfers Elderly persons: 17.3 billion
Children Welfare Society: 1.2 billion
Presidential Secondary School Bursary Scheme: 400 million
Kenya Hunger Safety Net Programme: 4.5 billion
Equalization Fund: 8.5 billion
Affirmative Action Fund to promote equity and for social development: 2.3 billion

Youth and women Kenya Budget 2018/2019 allocations

National Youth Service (NYS), youth empowerment programme and Women Enterprise Fund have been consolidated (NOTHING!!).

Under ministry of Public Service, Youth and Gender Affairs

Cabinet Secretary of Ministry of National Treasury, Henry Rotich during the Budget day/Photo

Health Care allocations (universal Health Coverage)

Free Maternal Healthcare programme and and leasing of medical equipment: Ksh. 13.7 billion
Doctors/Clinical Officers/Nurses internship programme: 2.9 billion
Cancer Services (leasing of Computed Tomography Scanners Equipment): 7 billion
Free Primary Healthcare: 2 billion
Health Insurance Subsidy Programme (Elderly and Disabled): 0.8 billion
Roll out of Universal Health Coverage: 2.5 billion
Establishment of Cancer Institute: 400 million
Kenyatta National Hospital: 11.7 billion
Moi Teaching and Referral Hospital: 7.7 billion
KEMRI: 2.2 billion
KMTC: 4.7 billion

Under ministry of health

Education sector 2018/2019 budget allocations

free Day Secondary education: 59.4 billion
Free primary education: 13.4 billion
School Feeding Programme: SH2 billion
recruitment of additional teachers: 5 billion
technical, vocational education and training: Sh16 billion
University Education: 91.1 billion
Higher Education Loans Board (HELB): Ksh 9.6 billion
fee waiver for all class eight and form four candidates: 4 billion

Under ministry of education

Environment Sector 2018 Budget alocations

Water Resource Management: 7.2 billion
Water and Sewerage Infrastructure Development: 33.7 billion
Forests and Water Towers Conservation: 10.8
Integrated Regional Development: 8.3
Meteorological Service: 2.2 billion
environmental management and protection: 2.9 billion

Other 2018 Annual budget allocations

construction of affordable/social housing units by the Government: 3 billion
Exploration of Geothermal: 12.7B
Oil and Gas Exploration: 4.8B
Last mile connectivity: Sh 6.7 B
digital literacy programm: Sh11.9 billion
presidential digital talent programme: 100 million
digital migration: Sh310 million
rehabilitation of Nairobi river: 800M
Digital Migration (KBC): 310 million
restoration of Fort Jesus: 325 million
Constituency development fund (CDF): 35.7 billion
To support blue economy: 575 million
capital lending for hoteliers: 350 million
Konza City: Sh 8.9 Billion
leather industrial park development: 0.4 billion
textile development: 0.4 billion
RIVATEX: 1.4 billion
New KCC: 200 million
construction of housing units for police and Kenya prison officers: 1.5 billion
Civil Servant Housing Scheme Fund: 1.5 billion
support the servicing of land in various towns: 18.4 billion
Single Window Support Project: 300 million
continued roll out of IFMIS to counties: 0.7 billion

Download PDF 2019/2019 Kenya Budget full statement

Download full PDF of 2018 budget statement from here: Muthurwa Marketplace (muthurwa.com/downloads)

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