Gov’t reduces recurrent budget for ministries by 10%

Tuesday, October 3rd, 2023 22:11 | By
Cabinet agrees change in Cooperatives Bill
President William Ruto chairs a Cabinet meeting in Nairobi. PHOTO/@EliudOwalo/X

The government has opted to reduce the recurrent budget for each ministry by 10 per cent.

This follows a Cabinet meeting held on Tuesday, October 3, 2023, chaired by President William Ruto.

"On the State of the Economy, Cabinet considered the progress being made in the implementation of the FY2023/24 Budget. Arising therefrom, and as part of the Administration's fiscal consolidation plan that seeks to contain fiscal deficit, Cabinet sanctioned the reduction of the recurrent budget of each Ministry and State Department by ten per cent. The proposed budgetary cuts will be effected as part of the Supplementary Appropriations No. I of the FY2023/24 Budget cycle," the Cabinet stated in a despatch after the meeting.

"Cabinet was also apprised on the progress being made in the implementation of various programmes in the water sector, which are being implemented in keeping with the Administration's plans for universal water coverage, enhanced water security, and building resilience towards Climate Change; all of which are critical planks of the Bottom-Up Economic Transformation Agenda (BETA)."

The Cabinet has also approved additional financing for the Lower-Nzoia Irrigation Project and the Mwache Dam Water Supply Project under the Kenya Water Security and Climate Resilience Project.

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