BUDGET READING

CS Ukur Yatani arrives at Parliament for Budget reading

The 2022-20223 Budget is worth Sh3.31 trillion.

In Summary

• 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.

Treasury CS Ukur Yatani arrives at National Assembly for #Budget2022 presentation on April 7, 2022.
Treasury CS Ukur Yatani arrives at National Assembly for #Budget2022 presentation on April 7, 2022.
Image: ENOS TECHE

Treasury CS Ukur Yatani arrived in Parliament on Thursday afternoon for the announcement of 2022-23 Budget estimates.

The CS was accompanied by among others PS Julius Muia and CBK boss Patrick Njoroge.

He was received by National Assembly's budget committee chairman Kanini Kega and his Finance counterpart Gladys Wanga.

He then posed for a photo before proceeding to the chamber to read the Budget.

National Treasury CS Ukur Yatani poses for a photo outside the Treasury before leaving for Parliament for Budget presentation on April 7, 2022.
National Treasury CS Ukur Yatani poses for a photo outside the Treasury before leaving for Parliament for Budget presentation on April 7, 2022.
Image: ENOS TECHE

There is a heavy police presence around the Parliament building ahead of the budget reading.

Yatani is expected to present the 2022-2023 budget worth Sh3.31 trillion.

That's Sh3.5 billion less than the Sh3.66 trillion in the 2021/2022 financial year.

In the 2020-21 fiscal year, the budget stood at Sh2.9 trillion.

The Budget comes two months earlier than the usual June date 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.