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Sh15bn lecturers, teachers’ allocations top in fresh mini-budget
Treasury Cabinet Secretary John Mbadi. He has proposed the dissolution of the Prison Farms Revolving Fund, formed in 1993, and the Prisons Industries Revolving Fund, formed in 1988.
The Treasury is lining up its first mini-budget for the current fiscal year, triggered by expenditure revisions in several sectors, including Sh15 billion for lecturers and teachers’ insurance.
The Treasury also disclosed that emergency requests to plug holes in the security sector, more allocations to donor projects that risk losing funding, and reducing training and conferences will be the basis for the supplementary budget expected next February when Parliament resumes sittings after Christmas recess.