President William Ruto's inaugural budget of the financial year 2023/2024 was presented on the floor of the parliament by Treasury Cabinet secretary, professor Njuguna Ndung'u.

The 3.67 Trillion spending plan featured hits and misses in different sectors and industries.

The Education sector raked in 627.7 billion, the largest share of the budget. Junior Secondary Schools capitiation will increase to 25.5 billion from the previous 15 billion and Helb to receive a total of 30 billion to ease the burden on struggling students.

SMEs, Women and Youth allocations will also benefit largely with Hustler fund taking home and additional 10 billion, 175 million for the Youth Enterprise Development fund,182.8 million for the Women enterprise fund and 300 million for the provision of finances to SMEs in manufacturing.

The health share will also win big with a 141.2 billion allocation. 18.4 billion will be allocated to the Universal Health coverage scheme, 4.1 billion in Free maternity health-care, 1.7 billion medical cover for the elderly and severely disabled, 8.8 billion for construction of an additional 21 Kenya Medical Training Colleges among others.

The controversial housing programme will receive a whooping 35.2 billion while road construction developmentss will receive 245 billion.

The CS also proposed allocation of 856 billion to equip the national forensic bureau inorder to step up the war on crime and enhance support to the administration of justice.

Ndung'u also proposed Sh1.2bn for processing and registration of title deeds, Sh2.6bn for settlement of the landless, Sh755m for digitization of land registries and Sh138.3m for the construction of land registries to ensure legitimacy of land ownership.

338.2 billion will be allocated to support operations of the KDF, NPS, NIS and the Prison Services. It include Sh144.9bn for the KDF, SH98.6bn for the NPS, Sh44.3bn for the NIS and Sh31.3bn for Prison Services.

The CS also proposed an increase in the rate of excise duty on betting, gaming, price competitions and lottery from the current 7.% to 12.5% to be remitted within 24 hours after the closure of transaction.