2020 Budget Review and Outlook Paper .

zapp_brannigan

I am not a Futurama fan .
Its time we got container loads of high quality lube for what's ahead of us.Big four will be catered kwa FY 2021/22 budget :unsure: :unsure:

Revenues for the FY 2020/21 are therefore, projected at Ksh 1,782.4 billion (15.8 percent of GDP) with ordinary revenues at Ksh 1,523.5 billion (13.5 percent of GDP). On the other hand, expenditures are projected at Ksh 2,790.6 billion (24.8 percent of GDP) with recurrent expenditures projected at Ksh 1,826.7 billion (16.2 percent of GDP) while development expenditures are projected at Ksh 589.7 billion (5.2 percent of GDP). Transfer to County Governments is projected at Ksh 369.2 billion (3.3 percent of GDP). The resulting fiscal deficit of Ksh 951.4 billion (8.4 percent of GDP) will be financed by a net external financing of Ksh 396.8 billion and a net domestic borrowing of Ksh 554.6 billion

Given the tight resource constraints amidst significant revenue shortfalls occasioned by
the adverse effects of the Covid-19 Pandemic, the Government will continue to ensure proper
prioritization of public expenditures to the most impactful programmes with highest welfare
benefits to Kenyans. As such, in the FY 2021/22 budget, special focus will be placed on the
achievement of the “Big Four” Agenda as prioritized in the third Medium Term Plan (MTP III)
of the Vision 2030 .


Full report iko hapa
 
Its time we got container loads of high quality lube for what's ahead of us.Big four will be catered kwa FY 2021/22 budget :unsure: :unsure:

Revenues for the FY 2020/21 are therefore, projected at Ksh 1,782.4 billion (15.8 percent of GDP) with ordinary revenues at Ksh 1,523.5 billion (13.5 percent of GDP). On the other hand, expenditures are projected at Ksh 2,790.6 billion (24.8 percent of GDP) with recurrent expenditures projected at Ksh 1,826.7 billion (16.2 percent of GDP) while development expenditures are projected at Ksh 589.7 billion (5.2 percent of GDP). Transfer to County Governments is projected at Ksh 369.2 billion (3.3 percent of GDP). The resulting fiscal deficit of Ksh 951.4 billion (8.4 percent of GDP) will be financed by a net external financing of Ksh 396.8 billion and a net domestic borrowing of Ksh 554.6 billion

Given the tight resource constraints amidst significant revenue shortfalls occasioned by
the adverse effects of the Covid-19 Pandemic, the Government will continue to ensure proper
prioritization of public expenditures to the most impactful programmes with highest welfare
benefits to Kenyans. As such, in the FY 2021/22 budget, special focus will be placed on the
achievement of the “Big Four” Agenda as prioritized in the third Medium Term Plan (MTP III)
of the Vision 2030 .


Full report iko hapa
Kwa nini unasahau kutag gavament apologist @Mwalimu-G atuonyeshe kule hii pesa ya BBI itatoka? And debts na kadhalika
 
To plug the deficit, we should encourage local investors and Innovators by relaxing the current punitive taxation system in place. You register your business and will pay all the requisite levies and licences after your products have hit the market. At the same time make it expensive for tax evaders and their accomplices in the enforcement agencies.
 
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