Monday 10 June 2013

Budget to be read on Thursday.

The budget will be read on Thursday. The cabinet secretary for Treasury, Henry Rotich, is expected to unveil the government's fiscal policy for the 2013/2014 financial year. Of key concern will be to watch the government's commitment to devolution, with many analysts keen to see how much will be allocated to the counties. Currently, the senate and national assembly members are embroiled in a dispute over who has the final say on the county budgetary affairs. Analysts will also be watching to see whether there will be an increase in taxes of essential goods such as milk and bread to finance MPs salaries, and the two tiers of government.

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