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Kenya: President Ruto Directs 10% Budget Cuts in Ministries Amid Global Economic Stress
Capital FM, 3 October 2023
Government agencies have been directed to slash their expenditures by 10 percent in the current financial year in order to align their expenditures with the available resources. Read more »
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Kenya: Ruto Directs Ministries to Cut Spending By 10%
Capital FM, 3 October 2023
President William Ruto has ordered government ministries to cut their spending by 10 percent for the financial year 2023-24, amidst tough economic times. Read more »
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Kenya: Dissatisfaction, Disengagement Mark Outlook of Young Kenyans
Afrobarometer, 3 October 2023
Management of the economy, corruption, and unemployment are the most important problems that youth want their government to address. Read more »
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Kenya: Economy is Stable, President Ruto Assures
Capital FM, 7 August 2023
President William Ruto has said the Kenya's economy is stable and on track to grow. Read more »
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Kenya: Salaries Increases Govt Budget By Sh16 Billion on New Hiring
Capital FM, 19 May 2023
The government's spending on wages increased by Sh16.55 billion in the third quarter of this financial year, on the back of hiring by President William Ruto. Read more »
Kenya President Orders Budget Cuts Amid Global Economic Pressure
As part of austerity measures to ensure state agencies adjust to global economic crises, President William Ruto has directed government agencies to slash their expenditure by 10% in the current financial year, to align with available resources, writes Irene Mwangi for Capital FM.
Pressure has been mounting on the government to reduce the high cost of living triggered by rising food and fuel prices.
The government has also suspended unnecessary foreign trips by government officers to scale down expenditure.
InFocus
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In a move aimed at scaling down expenditure, prioritising spending and shifting focus on the critical operations and activities that are essential to service delivery to the ... Read more »
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President William Ruto says Kibera slums will not exist in the next decade because of the affordable housing project that is currently being rolled out. Ruto said t Read more »
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Kenya's National Treasury is warning of a looming debt crisis as a result of global shocks and a slowdown in economic growth. The government borrowed over U.S.$6 bi Read more »
