Yatani budget good for Kenyans but piling debt might bring more pain

Treasury CS Ukur Yatani at Parliament buildings in Nairobi moment after presenting the 2021/22 budget to the National Assembly on Thursday, June 10, 2021 [David Njaaga, Standard]

Treasury Cabinet Secretary Ukur Yatani presented the 2021/2022 budget yesterday. At Sh3.6 trillion, it is Kenya’s most expensive budget so far, and was presented at a time the country is knee-deep in debt.

After he was done with presenting the budget, ordinary Kenyans must have breathed a sigh of relief for being spared the pain of new taxes. However, they will have to contend with those that were listed months before the budget.