{"id":62964,"date":"2024-07-08T12:02:55","date_gmt":"2024-07-08T12:02:55","guid":{"rendered":"https:\/\/chezaspin.com\/blog\/index.php\/2024\/07\/08\/sakaja-assents-to-sh43-6bn-budget-for-the-2024-2025-financial-year\/"},"modified":"2024-07-08T12:02:55","modified_gmt":"2024-07-08T12:02:55","slug":"sakaja-assents-to-sh43-6bn-budget-for-the-2024-2025-financial-year","status":"publish","type":"post","link":"https:\/\/chezaspin.com\/blog\/sakaja-assents-to-sh43-6bn-budget-for-the-2024-2025-financial-year\/","title":{"rendered":"Sakaja assents to Sh43.6bn budget for the 2024\/2025 Financial Year"},"content":{"rendered":"

NAIROBI, Kenya, Jul 8 \u2013 Nairobi Governor Johnson Sakaja has signed into law the Sh43.6 billion budget for the 2024\/2025 Financial Year.<\/strong><\/p>\n

In a significant move, the county government announced that there will be no increase in fees and charges for the 2024\/2025 financial year. <\/p>\n

Instead, the county will focus on enhancing revenue collection by ensuring businesses comply with licensing requirements. <\/p>\n

The decision aims to alleviate financial pressure on residents while still funding critical development projects.<\/p>\n

Finance County Executive Charles Kerich revealed several key proposals to drive the county\u2019s growth and improve service delivery.<\/p>\n

One of the main highlights of the proposal is the introduction of boroughs to decentralize services, making them more accessible to residents. <\/p>\n

A budget of Sh287 million has been allocated for the completion of borough, sub-county, and ward offices.<\/p>\n

\u201cThis initiative is expected to streamline administration and improve the efficiency of public services across the county.\u201d Kerich said.<\/p>\n

In a bid to enhance healthcare services, the county has set aside Sh200 million for non-pharmaceuticals and a substantial Sh1 billion for the construction, equipping, and rehabilitation of health facilities. These funds aim to improve healthcare access and quality for Nairobi\u2019s residents.<\/p>\n

Further, With an emphasis on infrastructure development, Sh1.95 billion has been allocated to ward-based projects. <\/p>\n

These projects will focus on upgrading local infrastructure, including roads, drainage systems, and public facilities, to improve living conditions across Nairobi.<\/p>\n

The county has further allocated Sh800 million for a feeding program in public primary schools and Early Childhood Development (ECD) centers.<\/p>\n

\u201cThis initiative is expected to benefit approximately 310,000 children, ensuring they receive nutritious meals and can focus on their studies.\u201d Kerich proposed.<\/p>\n

To support local businesses and improve public spaces, Sh838 million has been earmarked for the construction and rehabilitation of markets. <\/p>\n

Additional funds will be used for tree planting, beautification projects, and the completion of parks and other public amenities, enhancing the county\u2019s aesthetic appeal and environmental health.<\/p>\n

Sakaja has also allocated Sh120 million for the construction of fire stations in Kangemi, Jamhuri, and Gikomba. <\/p>\n

This investment aims to enhance the county\u2019s capacity to respond to fire emergencies and ensure public safety.<\/p>\n

The county treasury projects an income of Sh20.6 billion from internal sources and Sh22.5 billion from external sources to meet these ambitious targets.<\/p>\n

The County projects to collect 20B shillings with no additional charged and fees proposed.<\/p>\n

While national transfers from the National Government is about to Sh22.6 billion
As Nairobi continues to grow, these initiatives are expected to play a vital role in shaping a prosperous and sustainable future for the city.<\/p>","protected":false},"excerpt":{"rendered":"

NAIROBI, Kenya, Jul 8 \u2013 Nairobi Governor Johnson Sakaja has signed into law the Sh43.6 billion budget for the 2024\/2025 Financial Year. In a significant move, the county government announced that there will be no increase in fees and charges for the 2024\/2025 financial year. Instead, the county will focus on enhancing revenue collection by […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-62964","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/62964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=62964"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/62964\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=62964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=62964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=62964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}