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Why experts are pushing Ruto to adopt radical budgeting
President William Ruto addresses Kenyans after he took the oath of office at Moi International Sports Centre, Kasarani, on September 13, 2022. PHOTO | JEFF ANGOTE | NMG
Budget experts in Parliament are pushing President William Ruto’s government to switch to zero-based budgeting, a more radical approach to spending, in a bid to reduce the ballooning public debt
The Parliamentary Budget Office (PBO), which advises lawmakers on the economy and budget, says re-costing of services every two years is one way that the Treasury can use to cut recurrent and wasteful spending.