News
Ruto Fires Half Of His Advisors
The government has reviewed an initial announcement to cut the national budget by Sh346 billion in a bid to sustain key programmes.
President William Ruto said on Friday the National Treasury will instead cut spending to Sh117 billion to make room for key commitments including the hiring of additional Junior Secondary School teachers.
“Over the last few days, our treasury team has been assessing the adverse impact of either reducing the budget by the entire Sh346 billion or borrowing the full amount,” he stated.
“We have since struck a middle ground and will be proposing to the National Assembly a budget cut of Sh177 billion and borrow the difference. The additional borrowing will increase our fiscal deficit from 3.3 per cent to 4.6 per cent and will be used to protect the funding of critical government services,” President Ruto stated.
President Ruto listed several critical government initiatives that will receive continued funding, including the hiring of medical interns, support for dairy farmers, road infrastructure projects, fertilizer subsidies, and settlements of debts owed to farmers in various sectors.
In addition to the financial adjustments, President Ruto announced a series of austerity measures aimed at optimizing government expenditure and enhancing transparency:
- Dissolution of 47 State Corporations to eliminate overlapping functions and reduce operational costs.
- Suspension of filling Chief Administrative Secretaries positions.
- 50% reduction in government advisors within the public service.
- Removal of budget lines for offices of First Lady, spouses of Deputy President, and Prime Cabinet Secretary.
- Suspension of non-essential travel and participation in public contributions by state and public officers.
“These measures are part of our commitment to enhance efficiency and transparency in serving the people of Kenya,” President Ruto affirmed.
“We are determined to improve the quality of services and ensure maximum value for the resources entrusted to us.”
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news TIPS, story angles, human interest stories, drop us an email on [email protected] or via Telegram
-
Business7 days agoSAFARICOM’S M-SHWARI MELTDOWN: TERRIFIED KENYANS FLEE AS BILLIONS VANISH INTO DIGITAL BLACK HOLE
-
Business2 weeks agoEquity Bank CEO James Mwangi Kicked Out of Sh1 Billion Muthaiga Mansion
-
News2 weeks agoBLOOD IN THE SKIES: Eleven Dead as West Rift Aviation’s Chickens Come Home to Roost in Kwale Horror Crash
-
News2 weeks agoMILLER ON THE ATTACK: Lawyer Cecil Guyana Miller Sues Whistle-blower as Vigilante Blogger Maverick Aoko Sounds Alarm
-
Investigations2 weeks agoEXPLOSIVE DOSSIER: THE SECRET FILE THAT COULD DESTROY CAREERS – INSIDE KERRA’S SHOCKING CERTIFICATE SCANDAL
-
Business1 week agoLloyd Masika Probed for Fraud as Stanbic Bank Exposed for Incompetence in Due Diligence
-
News6 days agoHow A Fake Firm Was Awarded A Sh230 Million Tender By Kiambu County
-
News2 weeks agoRaila Was Aware His Time Was Coming To An End Nearly A Year Before His Death, Longtime Aide Reveals
