National Treasury Cabinet Secretary Ukur Yattani at a past briefing.

Yattani Seeks to Chop Off Sh43b in Budget Review

The National Treasury is proposing to cut budgetary allocations for the current financial year which ends on June 30 next year by Ksh...

ERIC ORENGE2 Mins read

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 National Treasury has ordered "brutal" budget cuts in light of a revenue shortfall of Ksh 91 billion and rising expenditure pressures. Acting...

ERIC ORENGE2 Mins read

POLITICS ECONOMY

Showdown looms as governors defy Uhuru directive on foreign travel

A fresh showdown looms between the national government and the Council of Governors (COG) over the state’s move to introduce austerity measures aimed...

Samuel Gitonga2 Mins read

ECONOMY

Uhuru presidency will sink Kenya into Sh7.1 trillion debt

Concerns by Kenyans on just how the government will manage the ever growing public debt are set to be ignited by revelations that...

Samuel Gitonga2 Mins read

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

President Uhuru Kenyatta has proposed a 50% cut of the 16% VAT tax on petroleum products a day after he returned to Parliament...

BT Reporter2 Mins read

austerity measures

Yattani Seeks to Chop Off Sh43b in Budget Review

Treasury Unveils Brutal Budget Cuts as Cash Crunch Gets Worse

Showdown looms as governors defy Uhuru directive on foreign travel

Uhuru presidency will sink Kenya into Sh7.1 trillion debt

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

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