2022/23 Budget to be released two months earlier

NAIROBI, Kenya March 21-CS National Treasury Ukur Yatani has set aside April 7 as the budget day, two months earlier than the usual June date.

In a public notice, Yatani said he will deliver the budget statement for the FY2022/23 in the National Assembly on April 7 from 3.00pm.

The presentation of the budget statement is expected to be the last for Treasury CS Ukur Yatani under the current administration.

The notice comes a day before the March 22 deadline for public contributions and ideas on policy and tax measures for the upcoming 2022-2023 fiscal plan.

Net spending for the financial year that commences in July is estimated at Sh3.3 trillion.