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Kenya: Treasury Slashes National Budget by Ksh23.9B to Ksh4.24 Trillion With Cuts to Ruto’s Office, NIS

Kenya: Treasury Slashes National Budget by Ksh23.9B to Ksh4.24 Trillion With Cuts to Ruto’s Office, NIS

Rédaction Africa Links 24 with Kenyans.co.ke
Published on 2025-05-05 16:58:03

The National Treasury has slashed the 2025/2026 budget by Ksh23.972 billion with cuts in various state agencies and departments.

The Hustler Budget was set at Ksh4.263  trillion to Ksh4.24 trillion as President William Ruto’s government turns to austerity measures.

The government estimates it will require about Ksh1.9 trillion in public debt to help finance the budget.

Treasury Cabinet Secretary John Mbadi has indicated the government will spend Ksh4.67 billion on salaries and allowances…

Read the full article on Kenyans.co.ke

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