Tight budget cuts loom as State seeks funds for Big Four agenda

National Treasury Cabinet Secretary Henry Rotich with Global Fund High Impact Africa II Department head Linden Morrison (left), assisted by Global Fund’s Soukeyna Sylla during the signing of six grant agreements last month. Mr Rotich has, as a result, vowed to intensify austerity measures, which came into force in October. PHOTO DIANA NGILA | NMG

Key state ministries, departments and agencies face massive spending cuts as the Treasury looks for cash to finance President Uhuru Kenyatta’s “Big Four” agenda and tame spiralling public debt.

Below-target tax collections amid sluggish economic growth has forced CS Henry Rotich to tighten allocations to free funds for priority sectors in Mr Kenyatta’s second term in office.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.