@Standard

Tough balancing act for Rotich to fund ambitious Budget - 10 months ago, 14 June 00:11

Otiato Guguyu

The 2018-19 budget will be a difficult one for Treasury Cabinet Secretary Henry Rotich.

The entire budget proposal data that he will be presenting today point to big cash deficit and Kenya may be forced to pay salaries from borrowed cash.

It is official, Kenya can no longer afford to run itself and will have to resort to borrow to pay salaries according to plans that will be laid out by Mr Rotich (right).

Treasury splits its expenses between recurrent expenditure, development expenditure, transfers to county governments and a contingency fund.

Buried deep in the numbers is a sad reality that the expenses far outweighed revenues collection. This means the country will not have enough cash to pay basic salaries for its 600,000 plus civil servants.

If we are generous to Rotich and the Kenya Revenue Authority manage the uphill and almost impossible task of raising the targeted Sh1.7 trillion, then ...
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