Treasury out of touch as Kenyans struggle with unemployment, cost of living

The National Treasury Building on on Sunday, February, 18, 2024. [Samson Wire, Standard].

Kenyans continue to face the same challenges they were dealing with at this time last year, even as the budget-making process nears completion, with the National Treasury now under fire for appearing out of touch with their struggles.

By the end of this month, the Treasury is expected to unveil its spending plans for the upcoming financial year (2025/26), followed by the Finance Bill 2025, which will outline how it intends to allocate tax revenues and introduce any new tax measures aimed at boosting revenue for the new fiscal year.