Kenya unveils Sh64.7 trillion budget to spur recovery

Kenya's Cabinet Secretary at the Ministry of Finance, Ukur Yatani, holds up a briefcase containing the Government's Budget for the 2022/23 fiscal year, outside the parliament buildings in Nairobi on April 7, 2022. PHOTO | AFP

What you need to know:

  • Kenya's finance minister unveiled a $28 billion budget aimed at helping the economy recover after the Covid-19 pandemic threw hundreds of thousands of people out of work.
  • Kenya was hit hard by the coronavirus pandemic, which slashed income from the vital tourist sector, although agriculture -- the backbone of the economy -- proved more resilient.