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14 Jun 2018

Kenya’s 2018/2019 Budget Dwarfs Tanzania, Uganda And Rwanda’s Combined

Kenya’s 2018/2019 budget bigger than Tanzania, Uganda and Rwanda’s combined

Kenya's record-breaking budget of KSh 3.07 trillion for the fiscal year 2018/19 has dwarfed that of her East Africa counterparts by far.

While Kenya released its budget on Thursday, June 14, Tanzania, Uganda and Rwanda are expected to follow suit in the coming days.

Tanzania's budget of KSh 1.45 trillion was the second highest, followed by Uganda's KSh 860 billion then lastly Rwanda's KSh 287 billion.

The national budget statements and financial data seen by TUKO.co.ke on Thursday, June 14, showed Tanzania, Uganda and Rwanda's budget totaled to about KSh 1.5 trillion, which is half of Kenya's KSh 3.07 budget.

Each of the the four East African economies had its key priority areas in the 2018/19 financial year, with things like health care and infrastructure development dominating.

Kenya's Treasury boss Henry Rotich gave President Uhuru Kenyatta's Big Four agenda, that is housing, affordable health care, manufacturing and food security top priority.

Rotich allocated KSh 1.6 trillion to the national government, KSh 372.7 billion to the counties, Ksh 17.7 billion to the Judiciary, KSh 42.5 billion to Parliament and KSh 962.5 billion to the consolidated fund services.

Tanzania's Finance Minister Philip Mpango focused on five key areas.

These were establishing industries, education, health and social services, improving business climate, and access to financial services.

In Uganda, Treasury boss Matia Kasaija focused on industrialisation with the hope of creating more jobs for Ugandans during the 2018/19 fiscal year.

Rwanda's Uzziel Ndagijimana will continue with some of the priority areas identified in the previous financial year including agriculture, services and industry.



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