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Treasury PS gives public little time to probe finances - 5 months ago, 22 Sep 00:05

By: Otiato Guguyu

[PHOTO: MOSES OMUSULA]

The National Treasury gave Kenyans only one day to comment on the Budget Review and Outlook Paper (BROP), a key document in public financial management.

In a notice dated September 19 but released yesterday, Treasury Principal Secretary Kamau Thugge issued a timeline of one day for the public to put in comments.

“The purpose of this press release is to invite comments on the 2018 Draft Budget Review and Outlook Paper by September 21, 2018 to enable finalisation of the document,” he said.

The document provides a review of fiscal performance for the 2017/18 financial year and how the performance impacts on the financial objectives and fiscal responsibility principles set out in the 2018 Budget Policy Statement (BPS).

It guides how Treasury forecasts revenue growth to plan for the next budget so as not to overestimate and create the huge budget gaps currently dogging the ...
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Category: business news

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