Cabinet Brief - 21st May 2015
Cabinet Brief - 21st May 2015
Cabinet Brief - 21st May 2015
b) The Physical (Land Use) Planning Bill, 2015 The Bill makes
provision for the planning, use, regulation and development of
land. It provides for clarity of the physical and land use planning
at the National and County levels. It embeds national principles
and values, while ensuring effective citizen participation in the
planning process.
2. Supplementary Estimates II 2014/2015
Cabinet noted that while Kenyas economic growth is still resilient, the
outcome of the 3rd quarter of the current financial year and the
continuation of the global economic stagnation is likely to have a negative
impact on the performance of revenues. Cabinet noted that:
(i) Revenues had fallen below target and are expected to be lower by
Khs.16.6billion mainly due to administration of large income tax
payers and customs due to reduced oil imports following increased
production of geothermal energy;
(ii) Domestic borrowing - expectations in decline of interest rates
resulted in less appetite for Government securities; and
(iii)
CABINET OFFICE
NAIROBI
21st May, 2015
END