President William Ruto has directed all government ministries to cut their spending by 10 percent for 2023–2024 amidst tough economic times.
Speaking on Tuesday, while chairing a cabinet meeting at State House, he urged departments and agencies to prevent theft and waste.
“The Head of State has issued a warning to government officials seeking to bypass the use of a unified payment system, underscoring the necessity for better oversight,” read the statement.
On the other hand, the Cabinet has approved Kes 4 billion to purchase maize from farmers to stabilize commodity prices.
It will also support farmers in drying and storing the produce to avoid post-harvest losses.
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The government has also approved the Gambling Policy and Gambling Control Bill and the National Lottery Bill 2023, which will be presented to parliament.
“These bills are intended to serve as a framework for transforming the gambling industry into a force for social progress,” read part of the statement.
“The bills aim to strengthen regulation, address high taxation perceptions, and utilize technology for a responsible and thriving sector.”
The cost-cutting measure was implemented after Felix Koskei, the head of the public service, stated on Monday that any needless international travel by government officials would be suspended.
According to Koskei, the action is intended to reduce expenditures, prioritize spending, and refocus attention on the crucial operations and activities necessary to provide citizens with their requested services.
According to Koskei, the concept still forms the basis for the government's current budget consolidation and monetary policy initiatives.
