austerity measures

5 Articles

National Treasury Cabinet Secretary Ukur Yattani at a past briefing.

Yattani Seeks to Chop Off Sh43b in Budget Review

Medium Term Fiscal Framework (MTFF) for the FY 2019/20 emphasises on efficiency and effectiveness of public spending and improving revenue collection to ensure...

The National Treasury building in Nairobi. Going forward, as a proportion of the GDP, the National Treasury expects the budget deficit to reduce to 3.5% of GDP in 2022/23 from a high figure of 7.7% of the GDP in 2018/19. www,businesstoday.co.ke

Treasury Unveils Brutal Budget Cuts as Cash Crunch Gets Worse

The government has initiated a number of revenue and expenditure measures in line with the government fiscal consolidation plan including budget rationalisation on...

POLITICS ECONOMY

Showdown looms as governors defy Uhuru directive on foreign travel

Governors scoff at austerity measures proposed by the national government saying the state has no business "micro-managing" counties.

Uhuru presidency will sink Kenya into Sh7.1 trillion debt

Jubilee administration will have raised the country's debt by Ksh5.3 trillion during its ten-year tenure

Uhuru wants fuel tax reduced by 50%, unveils austerity measures

The President said if Parliament accepts the proposal the price of petrol will drop from Ksh 127 to Ksh 118 while diesel will drop...

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