Treasury spends fuel subsidy cash without approval

ukur-yatani

National Treasury Cabinet Secretary Ukur Yatani during the launch of Economic Survey Report 2021 on September 9, 2021. NMG PHOTO

The Treasury spent Sh14.6 billion to stabilise petroleum prices, mitigate drought and conduct security operations in additional budgetary spending without the approval of Parliament.

The Treasury withdrew Sh14.62 billion from the Consolidated Fund between August 20 and September 13, 2021 to meet unforeseen expenditure that was not budgeted for in the current financial year.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.