Budget 2022-2023: Official Thread

Tax collection target for FY 22/23, at KES 2.14 Trillion [$ 18.6 Billion at current $-KES rates] Fiscal deficit forecast at 862.5 Billion. [$ 7.5 Billion]
 
Meria said:
Looking back since 2013 Kenya has achieved monumental milestones. Cumulatively 5.1 million new jobs have been created. The inflation rates have remained within targets as have interest rates. Kenya's income per capital has grown by 92% to Kes244,000 - CS Yatani
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Kijana ya Jomo amefanya kasi kweli kweli.
 
A strong economic growth averaging 4.6% has been realized over the period including impressive recovery of 7.6% in 2021 from a contraction of 0.3% in 2020 occasioned by the Covid-19 pandemic. -
 
CS Ukur Yatani: I propose the amendment of Capital Market act to expand the spectrum of person who can act as single investment advisers
 
CS Yatani: To safeguard food security the gov’t has allocated Ksh. 3B to subsidize farmers during the current planting season. We propose to allocate further Ksh. 2.7B in the financial year 2022/23 to cushion the farmers while sustaining food production
 
Since the launch of the credit guarantee scheme in December 2020 total loans to SMEs under the scheme had surpassed Ksh.2.2B by Dec 2021. This has expanded access affordable credit to SMEs - CS Yatani
 
Finances CS proposes spending KES 27.7 Billion [$ 240 Million] to enhance access to affordable housing. Breakdown: KES 4.4 Billion to KMRC, to expand its capital base, let it lend more KES 9.9 Billion for building houses
 
To support The Nairobi Metropolitan Service (NMS) in reversing urban indignity in Nairobi County, KSH200M has been recommended for NMS improvement project and KSH 118.7M for the construction of footbridges. - CS YATANI
 
Treasury CS Ukur Yatani proposes abandoning debt ceilings in favour of debt anchor system; proposes anchor be set at 55pc of debt and that Finance Ministers be required to report to Parliament whenever Kenya crosses this threshold.
 
Meria said:
Finances CS proposes spending KES 27.7 Billion [$ 240 Million] to enhance access to affordable housing. Breakdown: KES 4.4 Billion to KMRC, to expand its capital base, let it lend more KES 9.9 Billion for building houses
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Big 4 iko ngangari despite huyo mtu kusema daily that handshake derailed it.
 
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