Kenyans say 2014/2015 budget didn’t have positive impact

June 11, 2015 8:58 am
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Hundreds had thronged outside Parliament last year when Treasury CS Rotich presented the budget speech. Photo/ FILE
Hundreds had thronged outside Parliament last year when Treasury CS Rotich presented the budget speech. Photo/ FILE

, NAIROBI, Kenya, Jun 11 – Majority of Kenyans are of the view that the 2014/2015 budget did not have any positive impact in their lives, according to a new survey by Ipsos Kenya.

The report states that 53 percent of Kenyans believe that last year’s budget did not have any positive impact in their lives while 30 percent are of the contrary opinion, with the remaining 17 percent being uncertain.

Sixty eight percent of those in Nyanza were of the view that the budget had no impact while in Central 53 percent were of the same opinion that the budget had no impact in their lives.

Only 45 percent of the Jubilee Government supporters believe that last year’s budget impacted their lives while 64 percent of CORD supporters did not feel any positive impact.

Last year, Treasury Cabinet Secretary Henry Rotich presented a Sh1.8 trillion budget for the 2014/2015 financial year that had a revenue deficit of about Sh342.6 billion.

The report comes as Rotich is set to read the Sh2.1 trillion 2015/2016 national budget in Parliament Thursday afternoon.

Rotich expects revenue collection to grow by 20 percent to Sh1.4 trillion in the period.

Among the big winners in the proposed budget include Sh25 billion for security modernization and Sh6 billion for tourism recover programmes.

Others include Sh63.5 billion for roads construction, Sh144 billion for the Standard Gauge Railway, Sh55.2 billion to energy, Sh14 billion for irrigation infrastructure and Sh25 billion for NYS re-engineering.

Economic experts predict that Kenya could be borrowing more internationally as they seek to bridge the Sh700 billion deficit.

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