Kenya’s Treasury Slashes ONLY Ksh23.9 billion From The Budget
The National Treasury reduced the 2025/2026 budget by Ksh23.972 billion through cuts to several governmental organizations and departments.
The Hustler Budget was set at Ksh4.263 trillion to Ksh4.24 trillion as President William Ruto’s government implemented austerity measures.
The government forecasts that around Ksh1.9 trillion in public debt will be required to finance the budget.
Treasury Cabinet Secretary John Mbadi has stated that the government will spend Ksh4.67 billion on salaries and allowances in the public service.
Additionally, Ksh235 billion is likely to be allocated to pension and gratuity payments.
According to our evaluation of the budget presented on Monday, May 5, the Treasury is one of the ministries that has received the most cuts.
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The National Assembly invites you to contribute to the FY 2025/26 Budget Estimates & Medium-Term Expenditure Plan.
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The country’s money bags have cut Ksh6.97 billion from its budget this fiscal year.
While police and penal services would be expanded, the government proposes a Ksh4.2 billion decrease to the National Intelligence Service (NIS). This ranges from Ksh 55.65 billion to Ksh 51.45 billion.
According to our analysis, the Executive Office of the President’s budget will be reduced by Ksh3.4 billion from Ksh4.491 billion in the fiscal year 2024/2025 to Ksh3.88 billion this year.
The State Department of Immigration and Citizen Services will get Ksh11.77 billion, down from Ksh13 billion.
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The Ministry of Defense, National Police Service, State Departments of Basic Education and Higher Learning, and Medical Services are among those who benefit from the new budget.
Ksh5.75 billion has been added to the Independent Electoral and Boundaries Commission’s budget, up from Ksh3.85 billion in the current fiscal year.
The budget decrease followed Cabinet’s resolution last week to limit the fiscal deficit to 4.5 percent of GDP for the fiscal year 2025/26, down from 5.3 percent in 2023/24 and 5.1 percent in 2024/25.
Multilateral lenders such as the International Monetary Fund (IMF) and the World Bank are pressuring President Ruto to tighten fiscal discipline in his country.
Kenya’s Treasury Slashes ONLY Ksh23.9 billion From The Budget
