National Treasury Cabinet Secretary Ukur Yatani outlined his plans for financing a Sh3.3 trillion Budget in a tough economic environment still haunted by the lingering shocks of the Covid-19 pandemic.

The Budget is the last under the Jubilee administration and is an increase from the Sh3.1 trillion approved in June for the financial year 2021/22. It is premised on an expected ordinary revenue collection of Sh2.1 trillion, which will be supported by a recovering economy — marking a Sh342 billion increase from the projected Sh1.8 trillion to be collected by the taxman this year.

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