Budget lacked clear fiscal policy road map

Pundits had predicted that Treasury secretary Henry Rotich’s budget for this year would be low-key and short of exciting announcements. We did not expect to see any revealing insights into the current state of the economy.

After all, budget speeches don’t carry big surprises any longer. Indeed, a great deal of information on the budget was already in the public domain having been tabled in Parliament by the National Treasury ahead of Budget day.