Last week, the Treasury released the 2015 Budget Policy Statement (BPS), which spells out how the Government intends to spend Sh1.9 trillion in the 2015-16 financial year.
The expenditure framework is the first one since the Government officially re-calculated Kenya’s gross domestic product (GDP), which elevated the contribution of several sub-sectors to the value of the country’s goods and services. The BPS is to be presented to the National Assembly for approval before February 15.