President William Ruto has signed off on the Supplementary Appropriation Bill 2024 and the Division of Revenue Bill 2024 at State House Nairobi, reinforcing fiscal measures for the upcoming year.

Chairperson of the Budget and Appropriations Committee, Ndindi Nyoro, sponsored the Division of Revenue Bill, which underwent meticulous legislative processes before receiving presidential assent.

Addressing the importance of these bills, President Ruto remarked, “The Division of Revenue Bill 2024 encompasses vital provisions for equitable allocation of resources between the central and county governments, ensuring efficient financial management for the 2024/25 fiscal year.”

The enactment of these bills signifies a significant milestone in formalizing budgetary allocations and financial frameworks, setting the stage for effective governance and resource utilization across various sectors.