Thread by @IEAKenya

𝐏𝐚𝐫𝐭 𝟐: 𝐒𝐭𝐚𝐫𝐭𝐢𝐧𝐠 𝐢𝐧 𝟓 𝐌𝐢𝐧𝐬!!

𝐓𝐡𝐞 𝐜𝐨𝐦𝐦𝐞𝐧𝐭𝐚𝐫𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐅𝐘𝟐𝟎𝟐𝟐/𝟐𝟑 𝐁𝐮𝐝𝐠𝐞𝐭 𝐫𝐞𝐚𝐝𝐢𝐧𝐠
#KEBudget2022_23

Policy measures for economic recovery in #KEBudget2022_23 should have a keen focus on revenue growth and building of economic resilience due to increased risk exposures from external debt

Theme for #KEBudget2022_23 is "Accelerating Economic Recovery for Improved Livelihood", contextually apt but will it walk the talk??

Efficiency in the allocation of #KEBudget2022_23 should be ensured. The audit queries raised by @OAG_Kenya concerning funds such as public debt and pensions are addressed and internal control systems strengthened

More than half of the Ministries and State Departments and Agencies have failed to ensure clean audit opinions #KEBudget2022_23

The #KEBudget2022_23 allocation for the big four agenda is amounts to Ksh 146 Billion. Key among the agenda is to revitalise manufacturing sector which is currently below 10% as a share of GDP, 5 percentage points lower than the minimum target

Do you think Ksh.7 Billion allocation for COVID 19 expenditure is value for money?
#KEBudget2022_23

In the #KEBudget2022_23, the allocation towards cushioning farmers from adverse weather effects & continued desert locust infestation in the northern region is Ksh 2.9 billion

External risks that are likely to have a negative impact on the economic recovery strategy in support of implementation of the #KEBudget2022_23

Economic recovery will also relate to how the world responds to the health crisis, including whether the new COVID-19 strains are responsive to vaccines #KEBudget2022_23

Better global cooperation on vaccines by increased investment by @MOH_Kenya and @KeTreasury could help prevent renewed waves of infection and the emergence of new variants, end the health
crisis sooner than assumed, and allow for faster normalization of activity #KEBudget2022_23

Expecting overall interest payment to soar in 2022_23 given proposed domestic borrowing in #KEBudget2022_23