Delayed GDP numbers leave Treasury minister ‘flying blind’

Treasury Cabinet Secretary Ukur Yatani. PHOTO | SALATON NJAU | NMG

Treasury minister Ukur Yatani will this afternoon present his Sh3.6 trillion Budget for the next financial year starting July but with the oddity of missing gross domestic product (GDP) baseline figures for 2020, scenario analysts said puts the country at risk of overstated growth and revenue targets.

The publication of the country’s 2020 GDP report – which measures total production and acts as a scorecard for health of the economy, has been delayed. The Economic Survey 2020 was expected in April but is yet to be released.

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