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Varsities woes deepen as projects cash cut by 60pc
Maseno University first-year students take a selfie with Vice Chancellor Julius Nyabundi during the freshers’ orientation day on September 22, 2022. PHOTO | TONNY OMONDI | NMG
Ongoing projects in public universities will accumulate debt and their completion delayed following Treasury’s proposal to cut funding by Sh2.8 billion, the professional unit which advises lawmakers on financial and economic matters says.
The Parliamentary Budget Office (PBO) is also questioning whether each project per university was assessed on merit before effecting the 60 percent uniform reduction in the development budget.