Yatani and the magic budget briefcase » Capital News

Yatani and the magic budget briefcase » Capital News

NAIROBI, Kenya June 10 – Treasury Cabinet Secretary Ukur Yatani walked into the National Assembly Thursday afternoon to read a budget that many analysts say leaves little or no hope to the majority.

Kenya’s Treasury Cabinet Secretary Ukur Yatani has assured that the country’s debt is sustainable, following concerns of massive borrowing.

Yatani who spoke Thursday when he presented the 2021/22 financial budget in Parliament said he however, favours the proposal by the Budget Committee to set a debt ceiling to guide borrowing.

Here are other key highlights from the 2021/22 budget:

-Sh142.1bn set aside to support the implementation of the government’s Big Four a