President William Ruto and his deputy Rigathi Gachagua have burst their full-year budget in seven months, official data show amid austerity plans aimed at at reversing a past trend of borrowing to fund government operations.
Latest data published by Treasury Cabinet secretary Njuguna Ndung’u indicate that the Executive office of the President spent Sh.9.09 billion in the period through January against an original full-year estimate of Sh8.64 billion.
That represents an over-expenditure of Sh450.11 million or 5.21 percent of the original 12-month budget for the presidency prepared by the previous administration.
The additional expenditure has already been tabled in the House via a supplementary budget under the law that requires MPs to approve spending that lacked parliamentary nod within two months.
Under the mini-budget, Prof Ndung’u has proposed to increase the budget for the Executive Office of the President by Sh5.18 billion to Sh13.83 billion compared with the original estimates , a growth of 59.89 percent.
State House’s budget has more than doubled to Sh8.85 billion from Sh4.37 billion approved under former President Uhuru Kenyatta, while Mr. Gachagua has been increased by Sh914.25 million.
Courtesy
