TSC spent Sh206 billion in nine months, report shows - News Summed Up

TSC spent Sh206 billion in nine months, report shows


An analysis of recurrent expenditure shows a total of Sh354.45 billion was spent by government ministries, departments and agencies. It showed that capital transfers to semi-autonomous government agencies (SAGAs) were the highest at Sh183.84 billion representing 54.9 per cent of the gross development budget. “Construction of non-residential buildings at Sh19.68 billion representing 5.9 per cent of the gross development expenditure,” she noted. “This comprised of development, recurrent expenditure and CFS expenditure of Sh334.54 billion (48.0 per cent of revised gross development estimates), Sh815.79 billion (64 per cent of revised gross recurrent estimates) and Sh.676.67 billion (63.0 per cent of revised gross estimates) respectively,” the report says. “Gross development expenditure was higher than exchequer issues due to appropriations-in-aid realised in funding some of the expenditures.”


Source: The Star June 05, 2021 10:30 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */