Njuguna Ndung'u inaugural budget: All eyes on Ruto's moneyman

Moreover, it is expected that approximately Sh2.16 trillion will be channeled to the National Government, while Sh385.4 billion is allocated to County Governments.

The Parliament is projected to receive Sh40.4 billion, with the Judiciary receiving Sh22.99 billion.

The current national debt stands at Sh9.6 trillion, leaving the government with a borrowing window of only Sh400 billion against a Sh720 billion deficit.

In terms of taxation, there have been some adjustments made in the budget proposals.

The initial 15 per cent excise duty on mobile money transfers has been reduced to 12 per cent, and a new 5 per cent withholding tax on digital content monetization has been introduced, down from the previously proposed 15 per cent.