Delayed GDP numbers leave Treasury minister ‘flying blind’
Thursday June 10 2021
By ELIZABETH KIVUVA
The Economic Survey 2020 was expected in April but is yet to be released.
Treasury minister Ukur Yatani will this afternoon present his Sh3.6 trillion Budget for the next financial year starting July but with the oddity of missing gross domestic product (GDP) baseline figures for 2020, scenario analysts said puts the country at risk of overstated growth and revenue targets.
The publication of the country’s 2020 GDP report – which measures total production and acts as a scorecard for health of the economy, has been delayed. The Economic Survey 2020 was expected in April but is yet to be released.