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Eastern Africa

Kenya Presents 2024/25 Budget

Development expenditure is projected at US$5.5 billion.

June 14, 2024

By Liz Bains
Kenya’s Treasury Cabinet Secretary Njuguna Ndung’u presented the second budget of the Ruto administration to parliament on 13 June, outlining plans to tackle the public sector wage bill and curb non-essential expenditure while continuing critical infrastructure investments.Development expenditure is projected at Ksh707.4 billion (US$5.5 billion), equivalent to 3.9% of GDP,

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