NAIROBI, Kenya, April 7 – National security agencies have been allocated 317.8 billion shillings of the 3.3 trillion shillings proposed spending in the 2022/23 budget.
Treasury Cabinet Secretary Ukur Yatani outlined the spending plan on Thursday in a statement delivered to the National Assembly.
Yatani said the funds will support National Police Service, Department of Defense and National Intelligence Service operations to enhance security.
“Our nation’s security remains paramount and must be upheld to safeguard the considerable development gains,” he said.
In the proposal, 128.4 billion shillings will go to the Ministry of Defence, 46.4 billion shillings to the National Intelligence Service and 122 shillings. 2 billion for the police and prison services.
The CS Treasury said 10.7 billion shillings will go towards the rental of police motor vehicles and 1 billion shillings for the police modernization programme.
An additional 1 billion shillings will fund the national communication and surveillance system and 335 million shillings will be used for equipment for the national forensic laboratory.
Other proposed allocations include 4.8 billion shillings for medical insurance for the police and prison services, 2.3 billion for group personal insurance for the police and prison and 1 billion shillings for the national system. integrated identity management.
Yatani pointed out that when developing the 2022/23 budget, they held a wide consultation with Kenyans, noting that the high cost of living, high youth unemployment rate and high public debt burden figured among the main concerns.
He further pointed out that the ongoing conflict in Eastern Europe has created uncertainties that will affect the global economic outlook due to supply chain disruptions and rising fuel prices.
He added that the implementation of socio-economic fiscal reforms has seen Kenya move from a low income country to a middle income country with an estimated per capita income of 244,000 shillings in 2021 from 127,000 shillings in 2013. .
Yatani pointed out that foreign exchange reserves remained stable from 6.5 billion (2020) to 9.5 billion in 2021. Foreign direct investment increased from 56 trillion shillings to 75.1 trillion shillings.
The CS of the Treasury, however, expressed optimism that the economy will stabilize at 6% in 2022, supported by the recovery in the agriculture, industry and services sectors.
The 2022/23 budget marks an increase from the 3.1 trillion shillings approved in June for the 2021/22 financial year.