Budget Statement FY 2023/2024 Highlights “Bottom-Up Economic Transformation and Climate Change Investment”

Professor Njuguna Ndung’u, the Cabinet Secretary for Treasury, has announced the theme for the fiscal year 2023/2024 budget as “Sustaining Bottom-Up Economic Transformation Agenda, Fiscal Consolidation & Investing in Climate Change Mitigation, & Adaptation for Improved Livelihoods.”

This theme underscores the government’s commitment to enhancing economic opportunities from the grassroots level while ensuring fiscal discipline. The budget aims to prioritize investments in climate change mitigation and adaptation strategies to bolster livelihoods across the country.

Professor Ndung’u emphasized the importance of sustainable economic policies and climate resilience measures in driving inclusive growth and improving quality of life for all citizens. The budget statement outlines strategic initiatives aimed at achieving these objectives through targeted investments and prudent fiscal management.

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