The Supplementary Appropriation (No.3) Bill, recently assented to by President William Ruto at State House, has injected a substantial Sh65 Billion into the Kenyan education sector.
This financial boost reflects a concerted effort to address various challenges within the educational landscape.
A significant portion of the allocated funds, Sh5.4 Billion, has been earmarked for Junior Secondary School capitation, a move aimed at fortifying the financial foundation of these educational institutions.
Additionally, Sh3.4 Billion has been directed towards enhancing infrastructure in schools, a crucial investment in providing conducive learning environments for students across the nation.
The County of Nairobi, grappling with a surge in non-school-going children, is set to receive Sh1 Billion to tackle this pressing issue.
Ndindi Nyoro, Chairperson of the Budget and Appropriations Committee, emphasized the objective behind this allocation, stating, "We want all children to go to school; Nairobi has a big number of school-going children who are not accessing education."
The funds will be utilized to construct additional classrooms across all 17 constituencies, aiming to accommodate the growing number of students seeking education.
Furthermore, Sh25 Billion has been allocated to cater for higher education scholarships and loans, reflecting a commitment to supporting students pursuing tertiary education.
This move seeks to alleviate financial barriers that may hinder individuals from accessing higher learning opportunities.
Acknowledging the evolving global economic landscape, a substantial Sh145 Billion has been designated for the repayment of interest on both domestic and foreign loans.
The injection of Sh65 Billion into the education sector signifies a strategic investment in the future of Kenyan youth, addressing immediate needs such as infrastructure improvement, while also paving the way for long-term development through education.