Following the National Prayer Breakfast, President William Ruto announced significant changes to government spending, emphasizing the need for fiscal discipline.
The President mandated that his office, along with the offices of Deputy President Rigathi Gachagua and Prime Cabinet Secretary Musalia Mudavadi, must reduce their budgets.
This directive extends to all government departments and agencies.President Ruto stressed the necessity of cutting recurring expenses to manage the national debt and achieve a balanced budget without additional borrowing.
He highlighted that the administration must lead by example, ensuring that all sectors of government make necessary sacrifices.
The President’s call for budget reductions is part of a broader strategy to address the country’s financial challenges.
With Kenya deeply in debt, Ruto is focused on implementing austerity measures to prevent further borrowing and stabilize the economy.
He reiterated the importance of collective effort in reducing government expenditure, advocating for responsible fiscal management across all levels of government.
This announcement marks a significant step in the administration’s commitment to financial discipline and accountability.
By targeting recurring costs and ensuring that all departments contribute to budget cuts, President Ruto aims to create a more sustainable financial future for Kenya.
His leadership in this initiative underscores the importance of prudent economic policies in addressing the nation’s debt crisis and achieving long-term fiscal stability.
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