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Treasury doubles budget to jump-start manufacturing
Members of the public outside treasury building ahead of the delivery of the 2023/2024 budget policy statement by Treasury Cabinet Secretary Prof Njuguna Ndung'u on June 15, 2023. PHOTO | LUCY WANJIRU | NMG
Treasury has more than doubled the manufacturing budget in a bid to address bottlenecks that hinder the growth of the sector.
The sector, which is battling to raise the competitiveness of Kenyan-made goods in the global market, has received Sh26.9 billion for the financial year starting July through various State ministries and departments.
