Home Business Parliament gets Sh3.5bn less in Treasury reviews

Parliament gets Sh3.5bn less in Treasury reviews


Economy

Parliament gets Sh3.5bn less in Treasury reviews


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Parliament buildings in Nairobi. FILE PHOTO | NMG

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Summary

  • The Treasury has slashed Parliament’s budget by Sh3.5 billion, citing cash woes in the wake of the economic fallout of Covid-19.
  • Supplementary Estimates tabled in Parliament shows that the Treasury cut approved budget for the National Assembly by Sh1.5 billion, Parliamentary Joint Services (Sh1.5 billion) and Parliamentary Service Commission (Sh485 million).
  • The PSC approved budget estimates has been adjusted to Sh6 billion down from Sh6.44 billion under the supplementary estimates on austerity.

The Treasury has slashed Parliament’s budget by Sh3.5 billion, citing cash woes in the wake of the economic fallout of Covid-19.

Supplementary Estimates tabled in Parliament shows that the Treasury cut approved budget for the National Assembly by Sh1.5 billion, Parliamentary Joint Services (Sh1.5 billion) and Parliamentary Service Commission (Sh485 million).

The PSC approved budget estimates has been adjusted to Sh6 billion down from Sh6.44 billion under the supplementary estimates on austerity.

The Treasury also cut the approved budget for the National Assembly in the financial year 2020/21 from Sh23.2 billion to Sh21.9 billion.

“The reduction is on account of rationalisation expenditure under the National Legislation, Representation and Oversight programmes due to austerity measures,” the Treasury said.

The Treasury data shows that the approved gross allocation to the Parliamentary Joint Services in the year 2020/21 was Sh7.7 billion comprising Sh5.6 billion and Sh2.1 billion under current and capital expenditures.

“The approved budget estimates have been adjusted to Sh6.2 billion under Supplementary Estimates 1 comprising of Sh5 billion and Sh1.2 billion under current and capital expenditures respectively.

“This reflects a gross decrease of Sh1.5 billion on account of rationalisation of expenditure due to austerity measures.”



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