Covid-19 leaves Treasury with 172bn budget hole

National Treasury Cabinet Secretary Ukur Yatani (left) accepts a cheque from Director of Public Prosecutions Noordin Haji for the fight against coronavirus on April 7, 2020. PHOTO | SILA KIPLAGAT | NATION MEDIA GROUP

What you need to know:

  • Treasury has already received Sh7.4 billion from the CBK as well as a further Sh6 billion from the World Bank.
  • And the Haji, Kinoti and Mbarak team promised some more billions towards the fight once pending corruption cases are concluded.

National Treasury Cabinet Secretary Ukur Yatani is walking a tight rope as he looks for Sh172 billion to plug the budget hole created by President Uhuru Kenyatta’s Covid-19 stimulus package.

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