*Treasury Secretary Ukur Yatani has presented his Sh2.7 trillion Budget for the year starting July 1, outlining the spending plans, including the taxation measures to finance the proposals.
*The budget includes a stimulus package to jumpstart an economy ravaged by the Covid-19 pandemic.
*Here are some of the highlights:
SMES: Treasury CS has directed ministries, departments and agencies to clear all pending bills failure to which funding will be withheld.
EDUCATION: The Government has waived examination fees for KCSE and KCPE candidates.
*DIGITAL: Online transactions to now attract a 1.5 percent digital tax as govt goes after growing e-commerce in the country.
DEBT: “Our debt remains sustainable, despite some of the debt burden indicators deteriorating due to the impact of the Covid-19 pandemic which has elevated expenditure pressure,” CS Ukur Yatani said.
*The budget includes a stimulus package to jumpstart an economy ravaged by the Covid-19 pandemic.
*Here are some of the highlights:
SMES: Treasury CS has directed ministries, departments and agencies to clear all pending bills failure to which funding will be withheld.
EDUCATION: The Government has waived examination fees for KCSE and KCPE candidates.
*DIGITAL: Online transactions to now attract a 1.5 percent digital tax as govt goes after growing e-commerce in the country.
DEBT: “Our debt remains sustainable, despite some of the debt burden indicators deteriorating due to the impact of the Covid-19 pandemic which has elevated expenditure pressure,” CS Ukur Yatani said.