Connect with us

Hi, what are you looking for?

top
Yatani arrived with less fanfare as compared to previous years in budget reading days. COURTESY

BUDGET

Yatani in Parliament for Sh3.3tn budget statement

NAIROBI, Kenya, Apr 7 – National Treasury and Planning Cabinet Secretary Ukur Yatani is in Parliament to deliver President Uhuru Kenyatta’s regime last budget.

Yatani arrived with less fanfare as compared to previous years in budget reading days.

His three-vehicle motorcade was escorted by a battalion of police officers armed with guns who at some point started running besides it.

He arrived at 2:45pm flanked by Principal Secretary Julius Muia and Central Bank of Kenya (CBK) Governor Patrick Njoroge.

He was received by National Assembly Clerk Michael Sialai and Finance Committee Chair Gladys Wanga and his counterpart from Budget committee Kanini Kega.

Yatani is expected to read the budget statement in parliament that elaborates how the Sh3.3 trillion budget will be executed to manage the nation in the next financial year of 2022/2023.

Cabinet Secretaries who have arrived for the function include Najib Balala (Tourism),Faridah Karoney (Lands) and Simon Chelgui (Labour).

This year’s budget is being read two months before the end of the 2021/22 financial year due to the August 9th polls elections calendar.

Expectations are high that the government will highlight strategies to eliminate challenges facing the nation especially economic ones that have adversely affected standards of living.

Advertisement. Scroll to continue reading.

About The Author

Advertisement

More on Capital News

NATIONAL NEWS

NAIROBI, Kenya, Mar 28 – In a significant development for the East African financial landscape, PayAngel, a global fintech company, has chosen Kenya as...

NATIONAL NEWS

NAIROBI, Kenya, Mar 28 – Former Sports Cabinet Secretary Rashid Echesa has been arrested in an investigation into claims of an extortion racket targeting...

NATIONAL NEWS

The prestigious event, known for honoring the continent's top young entrepreneurs and Chief Executive Officers under 40, will showcase Kenya's growing influence in the...

NATIONAL NEWS

NAKURU, Kenya, Mar 28 – The Chief Magistrate’s Court in Naivasha has acquitted Joshua Waiganjo of close to 10 charges against him. The offenses...

NATIONAL NEWS

President William Ruto directed the Ministry of Sports to work with the International Automobile Federation (FIA) and the WRC to make this a reality.

NATIONAL NEWS

NAIROBI, Kenya, Mar 28 – Small-scale traders and importers can now breath a sigh of relief after the Government ordered the release of their...

NATIONAL NEWS

NAIROBI, Kenya, Mar 27 – The Judicial Service Commission (JSC) has approved the establishment of an employee protection unit for victims of sexual harassment...

NATIONAL NEWS

Kalonzo said he is prepared to exert more political pressure in 2027 than he had ever done.