Kenyans have blasted at the National Treasury Cabinet Secretary Henry Rotich for having an over ambitious budget that the country can’t meet.
Treasury CS @HKRotich has decided to propose a budget reduction from over KSh3 trillion to KSh2.97 trillion. Why have an over-ambitious budget which you cannot meet? https://t.co/7KYwqGxjB6
— Devolution Kenya (@UgatuziKenya) September 19, 2018
This follows the government’s proposal to slash its Sh3.026 trillion budget for the current financial year by Sh55 billion, a move that will affect key sectors of the economy.
The reduction is contained in the supplementary budget estimates prepared by National Treasury Cabinet Secretary and tabled during a special sitting of the National Assembly on Tuesday.
If adopted by the MPs on Thursday – during a second special sitting, the budget will reduce to Sh2.971 trillion as the government fights to bridge a huge deficit because it is only able to raise about Sh1.6 trillion.
The proposed cuts will be considered on Wednesday by the Budget and Appropriations Committee chaired by Kikuyu MP Kimani Ichung’wah, before the report is tabled in the House on Thursday.
Henry Rotich should borrow some knowledge from the former finance ministers like Mwai Kibaki, @UKenyatta @MusaliaMudavadi among others how they managed to operate on a small budget with big results.
— Emmanuel (@einonda) September 19, 2018