President Ruto cuts current budget spending by Sh14bn

CS Treasury Prof Njuguna Ndung'u. PHOTO | DIANA NGILA | NMG

President William Ruto’s administration has slashed the total spending for the current financial year ending June by Sh14 billion in its first mini-budget, including dropping many of his predecessor’s infrastructure projects.

In the first Supplementary Budget for Financial Year 2022/23, the National Treasury has cut development spending by Sh106.3 billion, with a substantial chop being on the State Department of Infrastructure and Water and Sanitation.

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