Nakuru County Assembly Budget Committee chair Joel Karuri during a past session in February 2020. [File, Standard]Business70 per cent of Nakuru’s next budget to be spent on recurrent expenditureSeventy per cent of Nakuru County’s next financial year's budget will be spent on recurrent expenditure while the rest will go towards development. Joel Karuri, the County Assembly Budget Committee chair said the paper has been committed to various House committees for review. SEE ALSO: Nakuru clears road to cityIn the fiscal strategy paper, the county government estimates its budget at Sh14.5 billion out of which Sh10.1 billion will go towards recurrent expenditure and Sh4.4 billion is for development. In comparison to the current financial year, the budget has dropped by Sh6.8 billion from Sh21.3 billion.

Source: Standard Digital May 15, 2020 06:12 UTC