Kenya's Ruto aims to cut budget expenditure, eyes surplus - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Kenya’s new President William Ruto on Thursday instructed the finance ministry to cut 300 billion shillings ($2.5 billion) from the government’s annual expenditure this year.

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on Thursday instructed the finance ministry to cut 300 billion shillings from the government’s annual expenditure this year.Ruto also says he aimed to bring it down further next year by an undisclosed amount, in a bid to achieve a recurrent budget surplus by the third year.

 

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Sounds like the World Bank or IMF got to him

Do you just cut the budget and starve certain sectors or you implement measures that reduce expenditure, leakages & fraud but still delivering at the same level? Which is which?

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