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Treasury allocates Sh1bn for World Youth and ADAK

The National Treasury has allocated Sh1 billion for World U 18 Championships preparations and ADAK.

The National Treasury has allocated Sh1 billion for World U 18 Championships preparations and ADAK.

NAIROBI, March 21- The National Treasury has allocated Sh1 billion towards preparations for the 2017 IAAF World U18 Championships and Anti-Doping Agency of Kenya.

National Treasury Cabinet Secretary Henry Rotich told the National Assembly Liaison Committee that the funds are contained in the Supplementary Budget for which government is seeking Parliament’s approval to spend Sh41 billion in the next three months.

Local Organising Committee Chairman Lt. Gen (Rtd) Jack Tuwei had requested a supplementary budget of Sh200,000 to begin preparations, but the government went quiet.

“Additional expenditures in the Financial Year 2015/16 Supplementary estimates seek to address funding shortfalls and requirements for interventions under the ongoing implementation of the economic transformative agenda of the Jubilee Administration that aims at sustaining prosperity.

“Ordinary revenue performance during the first six months of the financial year fell short of the target by Sh47.6 billion. This underperformance in revenue has resulted in delay transfer of development funds to Ministries Departments and Agencies for the first half of the financial year. The reduction in expenditure on capital projects is necessary to reflect the actual absorption to end June 2016,” Rotich said.

The National Assembly Committee on Labour and Social Welfare had last month faulted Rotich for failing to allocate part of the Sh1.3 billion which will enable Kenya host the championships from July 11-16 at Nairobi’s Safaricom Stadium Kasarani.

The House Committee had also pleaded for the allocation of Sh500 million needed to implement the Anti-Doping Agency of Kenya in order to beat a May deadline to comply with the World Anti-doping Agency code or be banned from competing in the August Rio Olympic Games.

To host the track and field event opened for competitors who are aged17 years or younger will cost Sh1.3 billion.

In February, the Local Organizing Committee submitted a budgetary ceiling of Sh2billion to the Cabinet.

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