Tough balancing act for Treasury in bid to finance national budget

Treasury secretary Henry Rotich. FILE PHOTO | NMG

It’s a delicate balancing act for Treasury secretary Henry Rotich as he Thursday presents a budget whose growth is expected to be largely financed by tax increases which critics feel are unjustified in light of deeply entrenched corruption in government.

Mr Rotich’s Sh3 trillion spending plan for the next financial year starting July 1, represents an increase of about Sh400 billion on the current year’s Sh2.6 trillion budget which closes end month.

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