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President Ruto plans to raid taxpayers for extra Sh362bn in 2024

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President William Ruto’s administration plans to raid taxpayers for an additional Sh361.80 billion to fund his second full-year budget. FILE PHOTO | AFP 
    

By  Constant Munda

Correspondent

Nation Media Group

President William Ruto’s administration plans to raid taxpayers for an additional Sh361.80 billion to fund his second full-year budget, which is set to cross the Sh4 trillion mark for the first time.

The draft Budget Policy Statement (BPS) for the year starting July 2024 shows the Treasury intends to increase the budget to nearly Sh4.2 trillion from the Sh3.9 trillion revised estimates for the current fiscal year.

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