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Economists fault Yatani’s budget deficit drop figures
Treasury Secretary Ukur Yatani holds up the briefcase containing the Budget for the 2021/22 financial year outside the National Treasury on June 11, 2021. FILE PHOTO | NMG
Economists have poked holes in Treasury’s projection that budget deficit will drop by more than Sh300 billion ahead of review on the debt ceiling, citing debt repayment pressures.
Treasury Secretary Ukur Yatani sees the fiscal deficit falling below Sh700 billion in two years from the Sh1.03 trillion, according to the Medium Term Debt Management Strategy 2022.
