- Treasury’s proposed bill aims to improve financial performance and reduce political influence
- Move aligns with President Ruto’s public sector reform agenda to cut government spending
Nairobi, Kenya – Kenya’s National Treasury is soliciting public feedback on a proposed law that could fundamentally change how the government manages and oversees its commercial enterprises. The Government Owned Enterprises Bill of 2024 proposes shifting control of over 40 state-owned entities to the Treasury’s direct authority.
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