Austerity Measures Extended as Budget Deficit Hits Ksh768 Billion

Government ministries and state agencies are bracing for tighter budgets after the National Treasury confirmed no relief in the upcoming financial cycle. Treasury Cabinet Secretary John Mbadi announced that President William Ruto’s administration will extend austerity measures into the next fiscal year to manage ongoing financial challenges. Ministries and agencies have been directed to review…

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Austerity Measures Extended as Budget Deficit Hits Ksh768 Billion

Government ministries and state agencies are bracing for tighter budgets after the National Treasury confirmed no relief in the upcoming financial cycle. Treasury Cabinet Secretary John Mbadi announced that President William Ruto’s administration will extend austerity measures into the next fiscal year to manage ongoing financial challenges. Ministries and agencies have been directed to review…

Read More