What new mini budget reveals about President Ruto’s priorities

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National Treasury & Economic Planning Cabinet Secretary Prof Njuguna Ndung'u on May 17, 2023. PHOTO | DENNIS ONSONGO | NMG

Treasury Cabinet Secretary Njuguna Ndung’u last week tabled in the National Assembly the supplementary budget for 2023/24.

The mini-budget saw the development budget cut even as total spending increased by Sh187.3 billion on account of higher debt repayment obligations and additional spending needs on education. Consequently, the size of the budget swelled to Sh3.93 trillion from the initial estimate of Sh3.74 trillion.

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Note: The results are not exact but very close to the actual.