Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


MyNews24 is a user-generated section of News24 Kenya. The stories here come from users.

Latest Badges:

View all Samuel Arap Yego's badges.

Cabinet approves budget statement for House debate

11 February 2016, 12:30 Arap Yego

Nairobi - Members of the Cabinet have deliberated and approved for submission to the National Assembly this year's Budget Policy Statement.

President Uhuru Kenyatta Tuesday chaired a Special Cabinet Meeting at State House, Nairobi, where the statement prepared by the Cabinet Secretary for National Treasury was discussed.

"The purpose of the meeting was to consider and approve for submission to Parliament, the 2016 Budget Policy Statement, in accordance with Section 25 of the Public Finance Management Act, 2012," reads a press  statement by Presidential Strategic Communications Unit (PSCU), in part.

"The theme and focus of the 2016 Budget Policy Statement is "sustaining prosperity in a volatile Global Economy," adds the statement sent to newsrooms by PSCU.

During the meeting the Cabinet noted the sluggish and volatile global economy that is likely to continue for a while, where recent forecasts have seen global growth rate decrease and an increase in the risks.

Read Also: KRA to gazette new procedures governing the operation of transit sheds

It was agreed that because of the volatile global economic environment mentioned above, the Government must come up with fiscal framework that will ensure sustainable debt and improved expenditure management.

"The Government in particular plans to gradually lower the fiscal deficit – by closing the gap between revenue and expenditure – to below four per cent of GDP over the medium term while at the same time providing sufficient room to finance productive expenditure so as to sustain equitable growth," read the statement.

"In this respect, this fiscal framework presents revised expenditure ceilings to reflect the emerging realities of a very tight resource envelop that will be shared between the National Government and the Counties," it adds.

Expenditures it was agreed will be scrutinized carefully to ensure quality and alignment to the Government economic agenda. Spending on infrastructure, education, health and social safety net, and preparations for next year's elections remain a priority.

"Cabinet called upon all ministries, departments and agencies to desist from bursting their ceilings through additional resource requests considering the light funding scope for the budget," said the PSCU statement.

For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page!

- MyNews24

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

Read more from our Users

Submitted by
Cyril Mike Odhiz
Kenyans furious on young lady aft...

A young Kenyan woman is the talk of town after she posted a photo with her elderly lover after a round of steamy sex, or so the photo suggested.  Read more...

Submitted by
Kiplangat langat
Uhuru could be a one term Presid...

Bomet governor Isaac Ruto has said that President Uhuru Kenyatta could be a one term President if he fails to increase allocations to the counties. Read more...

Submitted by
Mody Sammy
35 year old farmer a new milliona...

A 35 year old farmer from Mpeketoni Lamu county has become the latest millionaire in town as she became winner in the ongoing ‘Shinda Mamili na Story Ibambe’. Read more...

Submitted by
Shakila Alivitsa
Leave your past relationship bagg...

Leave your past relationship baggage at the door when you start a new relationship. Read more...

Submitted by
Shakila Alivitsa
Advice from a young married Kenya...

I was just going to get water in the office kitchen and thought a simple hi was fine until I ended up in an hour long conversation with someone. Read more...

Submitted by
Shakila Alivitsa
Helping you find the type of man ...

To put it simply, you can’t go looking for fish in a meat market; you have to go to a fish market. Read more...