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"id": 133745,
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"content": "With regard to the Development Budget, the Ministry will require a net amount of Kshs22,382,000,000 to undertake the planned development activities earmarked for the financial year as detailed hereunder: The Government of Kenya (GoK) funded projects- Kshs17,294,000,000; loan revenues Kshs4.266 million; grants and revenues-Kshs822 million, giving a total of Kshs22,382,000,000. Under GoK funded projects, the following specific projects are planned for execution during the financial year under focus: Kshs2 billion will be required for the resettlement of Internally Displaced People (IDPs), Kshs500 million will be required to fund the revenue collection modernization projects for the KRA. My Ministry has budgeted Kshs1.4 billion as equity participation in regional financial institutions including the African Development Bank (ADB) with Kshs500 million, the East African Development Bank (EADB) with Kshs720 million and the Preferential Trade Area Bank (PTA) with Kshs197 million. The Ministry has budgeted Kshs250 million as the Governmentâs contribution towards capacity building fund at the African Economic Consortium. Kshs75 million has been budgeted for the development of installation of electronic monitoring and evaluation system (E-Promise). Kshs400 million has been budgeted for the first phase of the construction and equipping of the data recovery centre at Naivasha. Kshs488.5 million has been budgeted for the finalization of the Local Area Network (LAN) to the district Government offices. Kshs230 million has been budgeted for the upgrade and"
}