Kenya’s pension bill was lower by Sh17.94 billion in the first two months of the current fiscal year compared to the corresponding period last year, easing pressure on the Treasury that has been grappling with high expenditure on retired civil servants.
Latest data from the National Treasury shows that Sh5.32 billion was spent on pensions in the period, a 77.1 percent drop from same period a year earlier, gazette filings by the Treasury show.
