February 2024
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Budget policy paper

Used in the context of the legislative system of Kenya, Budget policy paper means   policy statement containing- an assessment of the current financial year and the projected state of the economy for the next three years; the macro economic and fiscal policies for the period specified above; targets for total overall revenues including domestic and external borrowing and aggregate expenditure; and the total resources to be allocated to the individual programmes and projects within a sector or ministry for the period specified indicating the outputs expected from each such programme or project during the period. It also details the criteria used to allocate or apportion the available public resources among the various programmes and projects;

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