- Kenya’s treasury misses the Ksh177 billion ($1.36 billion) budget cut target, achieving only Ksh145.7 billion ($1.12 billion)
- President Ruto prioritizes agriculture and key sectors despite budget constraints
Nairobi, Kenya – Kenya’s national treasury has fallen short of the targeted Ksh177 billion ($1.36 billion) budget reduction directed by President William Ruto last month, following the rejection of the finance bill 2024. This shortfall suggests a challenging balancing act that could push the government toward increased borrowing.
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