Budget 2023/2024 : Where Money Will be Mined or Extracted

I define money as a value of produce or a measure of sum products. Let say I have harvested 20 bags of 90-kilograms of maize and sell them at market price of Sh6000 each. My gross will be Sh120, 000. Suppose my production cost is 100, 000 Kshs, then my net earning will Sh20,000 which will be my medium of exchange for my needs and wants. So, I would have extracted or mined Sh 20,000 from land which a factor of production.

Deducing my money definition. Sh49.9 billion the National Treasury has allocated for food security programmes in the budget for the financial year 2023/24 an increase from Sh46.8 in financial year 2022/23, is a stimulus to grow or extract money from agriculture the backbone of Kenya’s economy.

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