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Kenya: Sh645 Million for Uhuru, Ruto in New Budget
Nation, 10 May 2019
The Presidency has been allocated Sh645 million in the supplementary budget estimates tabled in the National Assembly Thursday by Majority Leader Aden Duale. Read more »
Treasury documents show that the combined annual salary - basic salary and allowances - of President Uhuru Kenyatta and his deputy, William Ruto, will increase from the current U.S.$360,000 to about U.S.$380,000. At 3.9%, the increases are unlikely to match the average inflation for this year, which is targeted at above 5%, up from 4.3% in 2018.
President Uhuru Kenyatta and Deputy President William Ruto (file photo)
A report released by the Stockholm International Peace Research shows that Kenya has in the past five years continued to top its regional neighbours both in budget size and annual ... Read more »
Kenyans are bracing themselves for harder economic times after the government raided their pockets to fund its U.S.$ 30 billion spending plan for the next 12 months, writes Edwin ... Read more »
The proposed changes to the VAT law are going to hit consumers the hardest, and economists are saying this is unjustified in light of deeply entrenched corruption, according to the ... Read more »
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