Unemployed teachers have emerged as one of the major beneficiaries in this year’s budget, as the government announced its intention to hire 20,000 teachers in the upcoming financial year.
Moreover, Junior Secondary school students can look forward to improved facilities, thanks to the allocation of Ksh 628.6 billion to the education sector in this year’s budget.
You, too, will benefit from this year’s budget, as Ksh 5 billion has been allocated to the fertilizer subsidy program. This program aims to reduce the cost of food production, ultimately leading to a decrease in the retail prices of essential food items.
Amidst speculation and criticism surrounding the debut budget of the Kenya Kwanza government, certain sectors have reason to rejoice.
One of the primary beneficiaries of the 27.6% allocation to the Ministry of Education will be the 20,000 unemployed teachers who are slated to be employed in the new financial year.
To support the implementation of the Competency-Based Curriculum (CBC), Ksh 10 billion has been allocated to Junior Secondary Schools, increasing the total allocation to Ksh 25.5 billion from the current Ksh 15 billion.
University students have also found cause for celebration, as the allocation to the Higher Education Loans Board (HELB) has been doubled from Ksh 15 billion to Ksh 30 billion.
The Public Service Commission has been directed to absorb 8,000 interns annually, doubling the current intake of 4,000. Each intern will receive a monthly salary of Ksh 25,000.
The prices of basic food commodities are expected to decrease with the allocation of Ksh 5 billion to the Fertilizer Subsidy program. This initiative will enable farmers to access fertilizers at a reduced cost, leading to increased production.
Oil distributors who were unpaid in the previous administration will receive their outstanding payments, as the government has allocated Ksh 25 billion to clear the arrears.
An additional Ksh 10 billion will be directed to the Hustler Fund, while Ksh 3 billion will be allocated to completing 181 stalled markets across the country.
