KNOW THE KENYA'S ECONOMY STATUS QUO FOLLOWING THE PRESENTATION OF 2021/2022 BUDGET!
The economist has to find money from a thin resource envelope hard hit by the economically devastating Covid-19 Pandemic
Otieno Cynthia 
Following the presentation of the 2021/2022 budget by the Treasury Cabinet Secretary, Okur Yatani on Thursday, 10th June 2021,
A budget which was expected to raise the hope of the Nation busy seeking relief from the Economic shock of the Covid-19 pandemic, amid gaining revenue Shortfall. The Cabinet Secretary, however, presented the highest Kenya's budget in History, a budget amounting to Ksh 3.6 Trillion.
The Funding of the budget according to the Cabinet Secretary, will be done through a mix of taxes, Debt Appropriations in Aid, and donor funds. Yatani mentioned that the Appropriation in Aid will consist of donor grants or loans as well as the revenues collected directly by Government Agencies through service fees. The budget influenced an ambitious Tax Revenue set leading to a proportion of new tax measures.
In his speech, CS Yatani hopes to collect sh2.03 trillion in total revenues and the remaining balance will come from debt.
The Treasury pains to fund the expanded Ksh3.6 trillion as pending bills pile up continues to be a barrier to full implementation of the budget.
Is the budget Economical?
