Kenya 2011/12 budget to rise to $13.4 bln

NAIROBI, June 2 – Kenya will raise its public spending for the 2011/12 fiscal year to 1.155 trillion shillings, the government said on Thursday.

Finance Minister, Uhuru Kenyatta, said he would increase spending on infrastructure by a third to 221 billion shillings compared with last year.

Development expenditure would amount to 398.6 billion shillings, he said.

 

Source: Reuters Africa newsletter

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