The debt context in 2021 budget policy statement

Treasury Secretary Ukur Yatani. FILE PHOTO | NMG

A pretty clear picture of what Kenya’s 2021/22 budget, the ninth and final one under the current Jubilee administration (yes, these guys will serve nine years and a bit by August 2022, not ten like their multiparty predecessors) emerged this week with the National Treasury’s publication of the 2021 Budget Policy Statement (BPS).

As is procedure, the National Assembly will now interrogate it, and offer feedback to the Treasury in order that national Ministries, Departments and Agencies (MDAs) prepare their detailed budget estimates for Jubilee’s final fiscal year. Ideally, it should also trigger counties in finalising their own Fiscal Strategy Papers, and post-Assembly approval, 2021/22 budget estimates.

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