Government budget cuts

  • | Citizen TV
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    All ministries and government departments have been directed to effect further budget cuts over the remaining period of the financial year 2022/2023. In a circular from treasury to all Cabinet Secretaries and accounting officers, the new national treasury cabinet secretary Njuguna Ndungu suspended with immediate effect trainings, foreign travels and other travel costs as part of austerity measures aimed at rationalising expenditures and mobilizing revenues to achieve a deficit financing target of 5.7 per cent of the gross domestic product.