Due to the coronavirus pandemic, Mr Yatani will also be accompanied by the leanest team ever to his first budget presentation. The team includes National Treasury PS Julius Muia and not more than three officers from his ministry. It can no longer be sustainable,” Mr Yatani said Monday during an exclusive interview in his office at the National Treasury headquarters. Mr Yatani estimates that the government will forego about Sh172 billion due to the tax incentives initiated so as to support businesses. This was the first time in many years that the county was receiving a loan from the multilateral lenders without a single objection,” Mr Yatani said.

Source: Daily Nation June 09, 2020 06:00 UTC