KQ bailout, fuel subsidy push mini budget to $944m

Kenya Airways plane

Kenya has increased its budget estimates due to elections, Covid-19 expenditures and a bailout for the national carrier. PHOTO | FILE 

Kenya Airways bailout, fuel subsidy and payments for Covid-19 vaccines topped the list of unforeseen expenditures that will see Kenyan taxpayers spend $944.1 million more in the budget for the financial year ending June.

Kenya’s supplementary budget estimates presented to Parliament on Tuesday indicate fresh allocations of $231.6 million to the national carrier and other undisclosed expenditures, $217.6 million to fuel subsidy, $79.1 million to prepare for the August General Election and $74.3 million to Covid-19 vaccines.