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Govt Budget 2016 calculations
Rank: Elder Joined: 7/23/2008 Posts: 3,017
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Help needed here; How does the govt budget add up to Sh. 2.3 Trillion. I find this figure very large and it seems our media forgot to disclose how the entire amount is to be spent. Where is the money spent. A breakdown of key spending's from yesterdays budget summary is as follows: Counties = 304B Security = 264B Railway = 154B Roads = 148B Education= 140B Energy = 40B Flood Control = 39B Free high school educ = 32B Health = 31B Free Primary educ = 15B laptops = 13B Agric = 12B Youth Emp = 21B Ports = 7B Total Approx. 1.2Trillion This is only 50% of the estimates, the only major cost I think is missing here is debt payments. And my assumption is that the above costs include project and recurrent expenditures. So qsn is how is it that 50% of budget spending is not disclosed? "The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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Rank: User Joined: 1/20/2014 Posts: 3,528
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Salaries, travel, entertainment etc not included!!! You need to get each ministry's vote head!!! Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Rank: Member Joined: 2/7/2014 Posts: 155
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Othelo wrote:Salaries, travel, entertainment etc not included!!! You need to get each ministry's vote head!!! Serious matter.Travel and entertainment.Kweli Kenya ina wenyewe. 
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Rank: Elder Joined: 7/23/2008 Posts: 3,017
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kasibitta wrote:Othelo wrote:Salaries, travel, entertainment etc not included!!! You need to get each ministry's vote head!!! Serious matter.Travel and entertainment.Kweli Kenya ina wenyewe. Salaries surely are included here, atleast in the counties budget, security budget and education budget which forms the bulk of the expenditure. What exactly are the ministries doing with Sh 1 Trillion!! If you divide Sh 1 Trillion by the govt staff count of say 500,000 (way on the higher side) you get an average monthly spend of Sh 170,000. What does the average govt employee earn 30K? "The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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Rank: Elder Joined: 12/4/2009 Posts: 10,716 Location: NAIROBI
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Debt repayment about ksh.600bn Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Obi 1 Kanobi wrote:Help needed here;
How does the govt budget add up to Sh. 2.3 Trillion. I find this figure very large and it seems our media forgot to disclose how the entire amount is to be spent. Where is the money spent.
A breakdown of key spending's from yesterdays budget summary is as follows:
Counties = 304B
Security = 264B
Railway = 154B
Roads = 148B
Education= 140B
Energy = 40B
Flood Control = 39B
Free high school educ = 32B
Health = 31B
Free Primary educ = 15B
laptops = 13B
Agric = 12B
Youth Emp = 21B
Ports = 7B
Total Approx. 1.2Trillion
This is only 50% of the estimates, the only major cost I think is missing here is debt payments. And my assumption is that the above costs include project and recurrent expenditures.
So qsn is how is it that 50% of budget spending is not disclosed? Recurrent expenditure-850,304M Development expenditure-809,044M Interest payments and pension-310,957M Net lending-2,127M Contingency fund-5,000M County allocation-284,785M If Obiero did it, Who Am I?
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Rank: Elder Joined: 7/23/2008 Posts: 3,017
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Ericsson wrote:Debt repayment about ksh.600bn Debt repayment is not an expense, you simply roll it over, thats why the govt is constantly in the market with bonds and bills. The interest element however is the expense, so is the interest 600Bn? I doubt. "The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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Rank: Veteran Joined: 2/3/2012 Posts: 1,317
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Rotich is allocating Counties 284B which is 23% of last years income. Yet last year Ouru signed off 43% for counties.
Si hapa iko siasa?
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Rank: Elder Joined: 7/22/2009 Posts: 7,477
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kollabo wrote:Rotich is allocating Counties 284B which is 23% of last years income. Yet last year Ouru signed off 43% for counties.
Si hapa iko siasa? Counties should be getting zero because they should not exist!!! Blood suckling vampires!! Devolved corruption per excellence!!! Someone with guts enough should push for a referendum to abolish county governments, the Senate, Women Reps and reduce MPs by half!!! And also get rid of these pure madness called 1/3 gender rule!!! For elective positions. Women make the bulk of the voters in any case!!! Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Elder Joined: 12/4/2009 Posts: 10,716 Location: NAIROBI
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@Obi 1 Kanobi Interest payment amount to ksh.311bn Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: User Joined: 8/15/2013 Posts: 13,237 Location: Vacuum
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Ericsson wrote:@Obi 1 Kanobi
Interest and pension payment amount to ksh.311bn If Obiero did it, Who Am I?
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Smart kenyans should go on street on harambee ave and order vacating of finance officials if they can't explain why gaps are there in budget. But stupid us align on tribal cronies to fight IEBC and other tribal cronies to protect IEBC . Especially those ballooning loans repayments. Jinga sana.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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so this means half of the budget is reccurent expenditure? Towards the goal of financial freedom
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Rank: Elder Joined: 7/23/2008 Posts: 3,017
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Ebenyo wrote:so this means half of the budget is reccurent expenditure? More like nobody knows what half of the budget is spent on. "The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
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Rank: Elder Joined: 12/25/2014 Posts: 2,300 Location: kenya
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Obi 1 Kanobi wrote:Ebenyo wrote:so this means half of the budget is reccurent expenditure? More like nobody knows what half of the budget is spent on. Africa will always be bled by their own Africans
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Obi 1 Kanobi wrote:Ebenyo wrote:so this means half of the budget is reccurent expenditure? More like nobody knows what half of the budget is spent on. Recurrent, salaries and allowances, stationary and other supplies and niceties. The gok is the largest employer and thats where the shift should begin. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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what became of M-Akiba bond?.I didnt hear it in yesterday budget? Towards the goal of financial freedom
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Rank: Member Joined: 9/13/2006 Posts: 123
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Jubilees winning formula - pretend to spend on infrastructure, NYS etc and steal, steal, steal!!!
Cords winning formula - moan, protest and destroy!
Either way this Country is doomed. If the budget of trillions were to be thrown on the streets, there would be more productive use out of it, than allowing our current pretentious clowns to decide expenditure for us.
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Rank: Member Joined: 8/27/2015 Posts: 138 Location: Harare
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Swenani wrote:Obi 1 Kanobi wrote:Help needed here;
How does the govt budget add up to Sh. 2.3 Trillion. I find this figure very large and it seems our media forgot to disclose how the entire amount is to be spent. Where is the money spent.
A breakdown of key spending's from yesterdays budget summary is as follows:
Counties = 304B
Security = 264B
Railway = 154B
Roads = 148B
Education= 140B
Energy = 40B
Flood Control = 39B
Free high school educ = 32B
Health = 31B
Free Primary educ = 15B
laptops = 13B
Agric = 12B
Youth Emp = 21B
Ports = 7B
Total Approx. 1.2Trillion
This is only 50% of the estimates, the only major cost I think is missing here is debt payments. And my assumption is that the above costs include project and recurrent expenditures.
So qsn is how is it that 50% of budget spending is not disclosed? Recurrent expenditure-850,304M Development expenditure-809,044M Interest payments and pension-310,957MNet lending-2,127M Contingency fund-5,000M County allocation-284,785M A government with its priorities upside down running an almost socialist budget.Why would laptops get more allocation compared to agriculture which we claim is the backbone of the economy? And I didn't know Kenya has such a big flood problem we need a whole KES 39 Billion to control it. Investment philosophy development in progress...
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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alotoftalk wrote:Swenani wrote:Obi 1 Kanobi wrote:Help needed here;
How does the govt budget add up to Sh. 2.3 Trillion. I find this figure very large and it seems our media forgot to disclose how the entire amount is to be spent. Where is the money spent.
A breakdown of key spending's from yesterdays budget summary is as follows:
Counties = 304B
Security = 264B
Railway = 154B
Roads = 148B
Education= 140B
Energy = 40B
Flood Control = 39B
Free high school educ = 32B
Health = 31B
Free Primary educ = 15B
laptops = 13B
Agric = 12B
Youth Emp = 21B
Ports = 7B
Total Approx. 1.2Trillion
This is only 50% of the estimates, the only major cost I think is missing here is debt payments. And my assumption is that the above costs include project and recurrent expenditures.
So qsn is how is it that 50% of budget spending is not disclosed? Recurrent expenditure-850,304M Development expenditure-809,044M Interest payments and pension-310,957MNet lending-2,127M Contingency fund-5,000M County allocation-284,785M A government with its priorities upside down running an almost socialist budget.Why would laptops get more allocation compared to agriculture which we claim is the backbone of the economy? And I didn't know Kenya has such a big flood problem we need a whole KES 39 Billion to control it. Agriculture is a devolved function.The 12 billion could be for irrigations schemes like Galana kulalu,katilu and others run by national govt. Towards the goal of financial freedom
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