Photo: KBC
President Ruto’s measures aimed at significantly reducing government expenditure, the steps are set to streamline operations.
President Ruto announced today a series of decisive measures aimed at significantly reducing government expenditure. Therefore, marking a pivotal moment in fiscal policy. The steps are set to streamline operations and enhance financial discipline across various sectors.
President Ruto measures are as follows
Here’s a detailed look at the key initiatives:
Budget Cut and Fiscal Realignment
President Ruto has implemented a substantial budget cut totaling Sh 177 Billion. Notably, This measure underscores the government’s commitment to fiscal responsibility and efficient resource management.
Compensation for Demonstrations
In a gesture of compassion and responsibility, the government will compensate all individuals affected both injured and those who lost their lives during the recent finance bill demonstrations. This action reflects a commitment to social welfare and justice as among President Ruto’s bold measures.
Audit of National Debt
Within 90 days, the government will conduct a comprehensive audit of the national debt. This audit aims to provide clarity on financial liabilities, ensuring transparency and informed decision-making in fiscal matters.
Suspension of CAS Positions
To streamline governance and reduce bureaucratic overhead, President Ruto has ordered the suspension of CAS (Chief Administrative Secretary) positions. Therefore, This step aims to enhance operational efficiency.
Travel Restrictions and Fund Utilization
All non-essential public travel has been suspended to minimize expenditure related to travel allowances and logistical support. Additionally, state officers are prohibited from participating in harambees, ensuring public funds are used for essential purposes.
Vehicle Purchases and Budget Constraints
For one year, there will be no purchase of government officials’ cars. In addition, the budget allocations for the spouses of the President, Deputy President, and Chief Cabinet Secretary have been suspended. These measures reflect prudent financial management.
State Corporation Rationalization
President Ruto has announced the dissolution of 47 state corporations to promote administrative efficiency, reduce duplication of roles, and optimize resource allocation.
Renovations and Confidential Expenditure
Expenditure on renovations has been halved to promote cost-effective infrastructure maintenance. Moreover, the government has eliminated confidential expenditure to ensure transparency in financial operations.
Reduction in Government Advisors
The number of government advisors will be reduced by 50% to create a leaner advisory structure, while maintaining strategic guidance and policy formulation capabilities.
Retirement Age for Government Employees
All government employees will retire at the age of 60 years without extensions, aligning with international retirement standards and optimizing workforce planning.
Conclusion
President Ruto’s measures to curtail government expenditure represent a significant stride towards fiscal sustainability and accountability. Thus, These reforms aim to optimize resource utilization and underscore a commitment to prudent financial management and governance reform. Moreover, As Kenya navigates economic challenges, these initiatives are poised to strengthen the nation’s fiscal resilience and pave the way for sustainable development.
For more updates on governmental reforms and fiscal policies, stay tuned to Samtash Media, your source for insightful news and impactful stories.
