Photos: CS Yatani delivers Uhuru’s last budget
National
By
Dennis Tarus
| Apr 07, 2022
Kenyans’ focus on Thursday will be on Treasury Cabinet Secretary Ukur Yatani as he reads the country’s Sh3.31 trillion budget.
Yatani's motorcade left the Treasury building along Harambee Avenue for Parliament at 2.38 pm under tight security.
READ MORE
Is government on 'fuliza' mode?
KQ suspends flights to Kinshasa over detention of staff
Six-month loan moratorium will ease financial strain on businesses affected by floods
Expert: The shilling has regained value, but don't expect it to last
EAC Central Bank Governors meet in Juba as single currency race debate heats up
Ruto to push for global finance reforms at World Bank meeting
Unearthing the artifacts of WWII: A journey through Matuu and beyond
Roam, County Bus Service partner to deploy 200 electric buses
Budget cuts loom for Parliament thanks to Sh9.6b Bunge Towers
This year’s budget is being read two months earlier than its traditional June date to allow for the MPs to approve the expenditure ahead of the August 9 General Election.
The event is also significant as it will be the last budget under President Uhuru Kenyatta’s administration.
CS Yatani targets to raise Sh2.14 trillion in taxes and turn to lenders to plug the deficit by borrowing Sh846.1 billion.
Treasury will be tasking the KRA to collect Sh2.14 trillion as ordinary revenues, being Sh341.1 billion more than the Sh1.8 trillion that the taxman was tasked to collect in the current financial year.
- KQ suspends flights to Kinshasa over detention of staff
- Is government on 'fuliza' mode?
- Firm linked to fake fertiliser calls for arrest of Linturi, NCPB boss