PRESIDENT RUTO SCRAPS OFF BUDGETARY ALLOCATIONS TO PRIME CS AND OFFICE OF SPOUSES.
In an address to the nation today, President William Ruto announced a series of robust measures aimed at realigning government expenditures with the budgetary landscape shaped by the Finance Bill, 2024. One of the notable decisions involves eliminating the budgetary allocations for the offices of the First Lady, spouses of the Deputy President, and the Prime Cabinet Secretary, signaling a significant shift in fiscal policy under his administration.
President Ruto emphasized the need to streamline government spending during his Friday address, stating, “Budget lines providing for the operations of the offices of the First Lady, the spouses of the Deputy President, and the Prime Cabinet Secretary shall be removed.”
This shows a strategic effort to optimize public funds and prioritize essential services over ceremonial expenditures.
President Ruto outlined a 50% reduction in confidential budgets across various executive offices, including those responsible for government-wide renovations. Additionally, non-essential travel for state and public officers has been suspended to curb unnecessary expenses, aligning with the administration’s goal of prudent financial management.
Addressing public contributions and charitable donations, President Ruto directed the Attorney General to draft legislation ensuring structured and transparent mechanisms for such activities. This directive aims to formalize processes and enhance accountability in charitable and philanthropic endeavors involving state officers and public servants.
To address budgetary shortfalls exacerbated by the Finance Bill, 2024, President Ruto proposed significant fiscal adjustments. He submitted a budget cut of Sh177 billion to the National Assembly, with plans to cover the shortfall through additional borrowing, raising the fiscal deficit from 3.3% to 4.6%. This financial strategy aims to safeguard critical government functions, including education, healthcare staffing, agricultural support programs, and infrastructure development.
President Ruto emphasized that these measures are crucial for aligning government expenditures with fiscal realities, ensuring sustainable economic management amidst evolving financial challenges. The proposed reforms are expected to streamline public spending, enhance transparency, and prioritize investments that support long-term national development goals.
