After Scrapping Finance Bill, Ruto Slashes 2024 Budget by $1.3 Billion
Kenya
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After Scrapping Finance Bill, Ruto Slashes 2024 Budget by $1.3 Billion

July 5, 2024
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President William Ruto has announced a significant reduction in Kenya’s 2024/2025 budget, slashing it by KES 177 billion ($1.3 billion) following public protests against proposed tax increases. The decision to reduce the budget to KES 3.67 trillion ($28.7 billion) comes amid growing calls for Ruto’s resignation due to high governance

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