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Prime
Approach radical budget review plan with caution
National Treasury Cabinet Secretary Ukur Yatani at parliament buildings for the unveiling of the Sh3.3 trillion Budget on April 7, 2022. PHOTO | JEFF ANGOTE | NMG
Kenya will spend Sh1.36 trillion on debt repayment and Sh960 billion on wages out of Sh2.03 trillion collections, underlining the heavy debt burden the new government has inherited from the Jubilee administration.
The Parliamentary Budget Office (PBO), which advises lawmakers on the economy and budget, has told the new government to cancel the programme-based budget and switch to zero-based budgeting.
