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DRAFT 2022 BUDGET POLICY STATEMENT

REPUBLIC OF KENYA THE NATIONAL TREASURY AND PLANNING MEDIUM TERM DRAFT 2022 BUDGET POLICY STATEMENT ACCELERATING ECONOMIC RECOVERY FOR IMPROVED LIVELIHOOD NOVEMBER 11, 2021 ii DRAFT 2022 BUDGET POLICY STATEMENT BUDGET POLICY STATEMENT (BPS) 2022 To obtain copies of the BPS, please contact: The National Treasury and Planning Treasury Building P. O. Box 30007-00100 NAIROBI, KENYA Tel: +254-20-2252-299 Fax: +254-20-341-082 The document is also available on the website at: iii DRAFT 2022 BUDGET POLICY STATEMENT Foreword The 2022 BUDGET POLICY STATEMENT (BPS) is prepared against a background of expected global recovery after a slump in 2020 occasioned by the negative effects of the COVID-19 pandemic. The global economy is projected to grow by percent in 2021, from a contraction of percent in 2020.

macro-fiscal outlook over the medium term and specifies the set strategic priorities and policy goals together with a summary of Government spending plans as a basis for the FY 2022/23 budget. The publication of the 2022 BPS aims to improve the public’s understanding of Kenya’s public finance management and guide debate

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