Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the kenya government budget for the fiscal year 20

The Kenya government budget for the fiscal year 2016/2017 had the following key budgetary items...

90.2K

Verified Solution

Question

Accounting

The Kenya government budget for the fiscal year 2016/2017 had the following key budgetary items Cash payments for the elderly, disabled and orphans = Ksh 10 billion Salaries for civil servants = Ksh 200 billion Remunerative Allowances for constitution commissions = Ksh 30 billion Salaries for state corporations staff = Ksh 12 billion Payments for Treasury bills and Bonds = ksh 110 billion Allowances payments to civil servants = Ksh 6 billion You are also informed that sixty per cent the payments for Treasury bills and bonds was paid to foreign citizens and that the total personal incomes to Kenyans for the fiscal year was Ksh 700 billion. Use the above information to calculate the size of public sector in Kenya for the fiscal year 2016/2017.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

We are evaluating a project that costs $832,000, has an eleven-year life, and has no salvage...

Finance
1.2K views

You’ve been asked to evaluate a project. Your estimates say that the first cashflow of $120k...

Physics
1.2K views

You baked two cakes: one in a light aluminum pan and one in a heavy pyrex...

Geometry
1.2K views

S of interior angles of a triangle sum to 180 50 Lesson 7 1 Checkpoint...

Basic Math
1.2K views

The average time it takes for a pesticide to kill a particular pest is 360...

Basic Math
1.2K views

Write x as the sum of two vectors one in Span U U U3 and...

Algebra
1.2K views

Simplify the expression 3 3 3 0

Accounting
1.2K views

Illustrative example 33.2 demonstrates a summary of affairs prepared in the case of a creditors'...

Accounting
1.2K views

pls conplete missing info especially cost of goods manufactured and how you got the number!...

Accounting
1.2K views

Softie Baby Tex (A). Softie BabyTex is an Indian-based textile firm that produces all its...

Accounting
1.2K views

Seasoned secondary offerings occur in the secondary market. True False

Accounting
1.2K views

There are different methods to account for carbon emissions such as IFRIC 3 Approach, Net...