Rotich's Sh2.7 trillion budget offers little hope to taxpayersTreasury CS Henry Rotich at a past function. Nearly half of that will be "eaten" by the lords of corruption that have embedded themselves in the system thus undermining the budget plans. Meanwhile little has been done to get buy-in from workers about the controversial 1.5 per cent deduction on workers’ basic salary towards the Housing Development Fund. The Sh2.7 trillion budget was released amidst reports that consumers are paying more for goods and services after the inflation rate jumped to 6.9 per cent- the highest in nearly two years. Register to advertise your products & services on our classifieds website Digger.co.ke and enjoy one month subscription free of charge and 3 free ads on the Standard newspaper.

Source: Standard Digital May 02, 2019 05:15 UTC