Was Kenya's Parliament Hoodwinked By Kenyatta Govt's Spending?
Revelations that President Uhuru Kenyatta's government spent U.S.$54 million as he prepared to leave office have raised concerns over the move by National Treasury to overstep their mandate.
The National Assembly has the mandate when it comes to the budget-making process but it now emerges that the Treasury spent funds without the approval of the National Assembly.
In presentations made by the Parliamentary Budget Office before MPs, it emerged that U.S.$192 million has already been deposited to the various government ministries and state departments.
Legislators are looking to put in place legislative proposals to curb abuse by the National Treasury on budgetary issues.
While delivering his last national event speech during the Madaraka Day fete in June 2022, Kenyatta urged the next administration to use debt - emphasising its importance - as a key accelerator of economic development.
His remarks came as the National Treasury proposed an increase in debt ceiling from the current U.S.$77 billion to U.S.$86 billion, to enable the government to borrow more to finance the U.S.$28 billion budget for the 2022/23 financial year.
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Former president Uhuru Kenyatta, left, congratulates President William Ruto at the September 13, 2022 inauguration ceremony