Why budget will be read early this year

Why budget will be read early this year
  • National Budget to be presented early this year to give MPs time to campaign
  • The budget will be presented next week Thursday by Treasury CS Henry Rotich

The National Treasury Cabinet secretary Henry Rotich reads his fifth budget speech next week Thursday.
“This is to notify the general public that the Budget statement for the fiscal year 2017/18 will be delivered by the Cabinet Secretary, National Treasury to the National Assembly on Thursday March 30, 2017,” reads a statement by Treasury Principal Secretary Kamau Thugge.

The National budget is usually read on the second week of June in all the East African countries but this time it was fast-tracked by at least two months to allow Parliament, both the Senate and National Assembly, play its supervisory role.

READ ALSO:Rotich absolves Treasury from blame in NYS scam

The budget will also be read early this time in order to give MPs enough time to campaign for the General Elections scheduled for August 8.

Parliament has of late struggled to get the minimum quorum to conduct its normal business as majority of MPs are campaigning in their various constituencies.

Party primaries are set to be conducted next month according to the Elections Act which requires political parties to finish party primaries 60 days to elections. This means that majority of MPs will not be in Parliament for important business like the budget process.
Unlike in the past when the Treasury submitted the entire budget for scrutiny, the Constitution requires the Executive, the Judiciary and the Parliamentary Service Commission to separately submit their respective budget proposals to Parliament by April 30 every year to allow the National Assembly adequate time to scrutinise the various programmes funded and the amounts allocated.

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