Theme: “Accelerating Economic Recovery for Improved Livelihood”
STATEMENT DELIVERED TO THE NATIONAL ASSEMBLY ON 7TH APRIL, 2022 BY HON. (AMB.) UKUR YATANI, EGH, CABINET SECRETARY FOR THE NATIONAL TREASURY AND PLANNING, REPUBLIC OF KENYA, WHILE HIGHLIGHTING THE BUDGET POLICY AND REVENUE RAISING MEASURES FOR THE FINANCIAL YEAR 2022/23.
Source : https://www.treasury.go.ke/
Inside Uhuru’s last Sh3.3trn budget
Treasury Cabinet Secretary Ukur Yatani on Thursday read the Sh3.31 trillion budget for the financial year starting July, two months earlier than traditional time, paving the way for lawmakers to approve expenditure before their term ends ahead of the August 9 general elections. The Treasury secretary informed the lawmakers that Kenya had received the green light from East Africa Community (EAC) partner states to read the budget ahead of the August elections.
Mr Yatani said the Jubilee administration has refocused spending to sustain economic recovery from the Covid-19 pandemic and support social welfare programmes meant to benefit low-income and poor Kenyans. Mr Yatani said in his speech on Thursday that Kenya’s economy will grow by 6 percent this year from an estimated 7.6 percent in 2021…Business Daily
Treasury CS says Jubilee agenda drives economic growth
Treasury Cabinet Secretary Ukur Yatani has enumerated Jubilee government policies that boosted economic growth. Mr Yatani said President Uhuru Kenyatta’s government has seen growth of the economy for the last five years with macro-economic stability and inflation rates and interests remaining stable.
He pointed out that in 2017, the government progressively implemented policies and programmes under the Big Four Agenda to foster socio-economic development although it was disrupted by coronavirus pandemic which “slowed down its full implementation.” To boost the economy and improve livelihoods the government has formulated a programme that will offer security to citizens and their property while fostering a secure and conducive business environment…Standardmedia
Yatani allocates Sh317.8bn for security ahead of polls
The government has increased funding for national security institutions to firm up the sector’s preparedness for the forthcoming general elections in August.
This amount is a whopping Sh23.8 billion rise from the Sh294 billion allocated for the same departments in the 2021/2022 financial year….Nation
Key highlights of Yatani’s 2022/23 Budget
All eyes are on National Treasury Cabinet Secretary Ukur Yatani who is expected to read the 2022/2023 budget
The budget is Sh3.31 trillion.This is 4.8 per cent more compared to the Sh2.9 trillion budget for the 2020/21 fiscal year.
National Treasury CS Ukur Yatani will deliver the budget proposals on April 7, 2022, from 3:00 pm at the National Assembly, Nairobi. The Budget comes two months earlier than the usual June date. This is to allow sufficient preparation for the August 9 general elections.
The budget will be the last under President Uhuru Kenyatta’s regime.It will cover expenditure for the period between July 1, 2022, to June 31, 2023.
The national government will take the biggest chunk of the monies- Sh2.07 trillion…The Star