Ruto To Reduce Wastage After Shelving The Finance Bill 2024
On Wednesday, President William Ruto directed that several government sectors’ expenditure allocations be reduced.
The Head of State, speaking to the press at State House in Nairobi, announced that the budget cuts would affect the executive branch of government.
According to Ruto, the government will consider implementing cuts to allocations for travel, hospitality, vehicle purchases, and renovations.
“In this regard, I direct immediate further austerity measures to reduce expenditure, starting with the Executive Office of the President,” Ruto stated.
Ruto also directed that the judiciary, county governments, and the legislature work with the National Treasury to initiate budget cuts.
“County Governments working with the National Treasury also undertake budget cuts and austerity to ensure that we do what I have always advocated for, that we live within our means,” the Head of State announced.
“As we hold this important conversation, I remind us that we should proceed within the foundational principles upon which our nation is founded,” he added.
Ruto revealed that the government had to change its stance on the Finance Bill 2024 due to widespread public outrage.
According to Ruto, despite several amendments to the bill, the public remained adamant about its withdrawal.
The President went on to commend the Members of Parliament who voted in favor of the bill, noting that the changes were made after extensive public consultation.
“I salute our members of parliament for supporting the proposal to incorporate the views of the public generated through the parliamentary public participation process,” Ruto told reporters.
“I am grateful to all the members of the National Assembly who voted yesterday affirmatively for the Finance Bill 2024 as amended on the floor of the House to incorporate the views generated in the public participation process.”
Ruto To Reduce Wastage After Shelving The Finance Bill 2024
