Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Sh300bn budget cuts await CSs
President Dr William Ruto (centre), his Deputy President Rigathi Gachagua (left), and Prime Cabinet Secretary Musalia Mudavadi nominee at State House in Nairobi on September 27, 2022. PHOTO | EVANS HABIL | NMG
Travel, entertainment, training and publicity budgets will be the first targets of the Sh300 billion budget cuts announced by President William Ruto in the push to reduce public borrowing to meet the costs of the day-to-day running of the government.
Dr Ruto has directed the Treasury to work with other ministries to reduce the nearly Sh1.18 trillion recurrent budget for this fiscal year ending June 2023 by at least one quarter.