300B Budget Cut? The Presidency Splashes 11.5B Shillings in 8 Months

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Despite announcing a 300B cut in the national budget last year, The Presidency is living large and not walking the talk on the much-hyped austerity measures to revive Kenya’s dilapidated economy.

Data from the Treasury indicate the Executive Office of the President spent Sh9.09 billion in the period through January against an original full-year estimate of Sh8.64 billion.

Treasury CS 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.

Under William Ruto, State House’s budget has more than doubled to Sh8.85 billion from Sh4.37 billion approved under former President Uhuru Kenyatta.

The recurrent expenditure by the Presidency for the seven-month period was 12.47 percent, or Sh931 million, more than the Sh7.47 billion spent by the previous administration a year ago.

On the other hand, DP Rigathi Gachagua’s office expenditure has increased by Sh914.25 million to Sh2.63 billion. He has also been added a separate budget of Sh450.85 million outside the Presidency, according to the supplementary estimates before the House.

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