Losers, gainers in Sh9bn Ukur Yatani new budget cuts

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Treasury Cabinet Secretary Ukur Yatani. FILE PHOTO | NMG

Kenya Power #ticker:KPLC, public universities, and roads projects are among the hardest hit as the Treasury chopped off Sh8.9 billion from its 2021/2022 budget which is set to be unveiled next Thursday.

National Treasury and Planning Cabinet Secretary Ukur Yatani said the State had slashed both its development and recurrent expenditure targets amid a tough economy.

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