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 Form 4 History and Government: Public revenue and expenditure

The process of Budget preparation and implementation in Kenya

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Answer Text:
Three months before the end of each financial year, the head of each department or State organ submits estimates of revenues and expenditures for the following year to the secretary for finance.
Two months before the end of each financial year, the Cabinet Secretary for finance submits to the National Assembly estimates of the revenue and expenditure of the national government for the following financial year. He also submits a detailed national fiscal, monetary and development plan.
The estimates include estimates for expenditure from the Equalization Fund. The National Assembly then considers the estimates submitted together with the estimates submitted by the Parliamentary Service Commission. Before the National Assembly considers the estimates of revenue and expenditure, a committee of the Assembly will discuss and review the estimates and make recommendations to the Assembly. When the estimates have been approved by the National Assembly, there will be an Appropriation Bill, introduced into the National Assembly to authorize the withdrawal from the Consolidated Fund of the money needed for the expenditure.


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