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How Ruto’s first budget will affect families and businesses
Former Treasury Cabinet Secretary Henry Rotich holding the briefcase at National Assembly ahead of the presentation of the budget statement for the fiscal year 2017/18. FILE PHOTO | DENNIS ONSONGO | NMG
Treasury last week released a draft document that broadly outlines strategic priorities and policy goals that will guide the preparation of the budget for the William Ruto administration’s first year in power and in the medium term.
The draft 2023 Budget Policy Statement (BPS) highlights budget ceilings for national and county governments, broad sources of revenue and key areas of focus.
