EAC govts read from same script on Budget
In Uganda, the resource envelope for the financial year 2021/2022 has been revised downwards to Shs44.7 trillion from Shs45.5 trillion in the ending financial year indicating a 1.7 per cent drop
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In Uganda, the resource envelope for the financial year 2021/2022 has been revised downwards to Shs44.7 trillion from Shs45.5 trillion in the ending financial year indicating a 1.7 per cent drop
National Treasury Cabinet Secretary Ukur Yatani fielded questions from the public via Daily Nation. In the Sh3.66 trillion FY 2021/22 budget estimates, the Big Four Agenda items have been allocated Sh135 billion. The post-Covid-19 economic recovery (fiscal stimulus) strategy is also not promine
EA Finance ministers juggle to fund recovery but debts mount Wednesday May 19 2021 Ongoing construction of the Nairobi Expressway in Kenya. Regional economies are borrowing more to plug deficits but economists warn the misuse of borrowed cash through wastage and corruption risks pushing countries into debt overhang. PHOTO | FILE | NMG Summary Debt servicing obligations have become a nightmare for regional economies, which have seen significant portions of tax revenues used in paying interest on loans rather than fund government operations and development projects. Advertisement East African ...
Government of St. Vincent and the Grenadines Website
THE STANDARD President Uhuru Kenyatta at State House, Nairobi, during the 2020 virtual African Delivery Exchange Conference. The 2021-22 Budget will the last full spending plan his administration will oversee. [File] The government will spend Sh3 trillion in the year to June 30, 2022, pushing President Uhuru Kenyatta’s eight-year total spending to Sh18.5 trillion. But as fate would have it, the president’s fiscal policy - which largely depends on massive spending and public revenue - might end as it started: with high expenditure needs, decreasing tax revenues and increased borrowing. Tha...