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Uhuru kenyatta’s Budget slushed by 99m as part of austerity measures

Uhuru kenyatta’s Budget slushed by 99m as part of austerity measures

 

 

  • President William Ruto reduced benefits given to retired presidents by KSh 99 million as part of austerity measures
  • The approved budget for the State House has also been reduced from KSh 9.496 billion to KSh 4.382 billion, a drop of 54%.
  • According to the new estimates, former president Uhuru Kenyatta’s benefits will be lowered from KSh 646.69 million to KSh 547.45 million
  • Other cuts include the refurbishment of State Lodges and government expenditure on presidential visits, national celebrations and maintenance of buildings 

Nairobi – President William Ruto has continued with his efforts to reduce government spending following the rejection of Finance Bill 2024.

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In his latest changes, the head of state has reduced the benefits given to retired presidents by KSh 99 million as part of the austerity.

This is to ensure government spending aligns with the newly revised budget for the 2024/2025 financial year.

In a statement on Thursday, July 18, State House Comptroller Katoo Ole Metito revealed the approved budget for the State House had been reduced from KSh 9.496 billion to KSh 4.382 billion, a drop of 54%.

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Following the measure, former president Uhuru Kenyatta’s benefits had been lowered from KSh 646.69 million to KSh 547.45 million.

Other measures by Ruto

Ole Metito further pointed out that the refurbishment of State Lodges in Nairobi, Kakamega, Nakuru, Eldoret, Sagana, Mombasa, Kisumu and Mtito Andei.

He disclosed that the program had not been allocated any funds in the revised budget estimates.

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Others hit by the austerity measures is the KSh 696 million budget to the office of the First Lady that was to cater for various programs

The government’s expenditure during presidential visits, national celebrations, state hospitality and maintenance of both residential and non-residential buildings has also been cut.

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