As part of the austerity measures announced on Friday, President William Ruto has introduced radical steps to enforce strict financial discipline within the government.
These measures include the dissolution of 47 state corporations. President Ruto stated that parastatals with overlapping mandates will cease to exist immediately.
BREAKING: Kenyan president William Ruto removes budgets for offices of First Lady, Second Lady and dissolves 47 state agencies after 3 weeks of anti-government protests.
— Larry Madowo (@LarryMadowo) July 5, 2024
Ruto has also suspended non-essential travel for govt workers + buying new cars and cut advisers by half pic.twitter.com/dBQUdj5xlv
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"The 47 state corporations with overlapping will be dissolved and their mandate transferred to ministries and state agencies," he said.
Ruto announced the decision on Friday during the State of the Nation address at State House, Nairobi.
