𝐂𝐒𝐬 𝐖𝐀𝐑𝐍 𝐁𝐔𝐃𝐆𝐄𝐓 𝐂𝐔𝐓𝐒 𝐖𝐈𝐋𝐋 𝐇𝐈𝐍𝐃𝐄𝐑 𝐂𝐑𝐈𝐓𝐈𝐂𝐀𝐋 𝐆𝐎𝐕𝐄𝐑𝐍𝐌𝐄𝐍𝐓 𝐏𝐑𝐎𝐆𝐑𝐀𝐌𝐌𝐄𝐒
Three Cabinet Secretaries and several Principal Secretaries appeared before the Senate Committee on Labour and Social Welfare, chaired by Sen Julius Murgor (West Pokot), to discuss the 2025 Budget Policy Statement (BPS) and the Medium-Term Debt Management Strategy, warning that budgetary constraints could significantly impact key government programmes.
𝐋𝐈𝐀𝐈𝐒𝐎𝐍 𝐂𝐎𝐌𝐌𝐈𝐓𝐓𝐄𝐄 𝐌𝐄𝐄𝐓𝐒 𝐒𝐓𝐀𝐊𝐄𝐇𝐎𝐋𝐃𝐄𝐑𝐒 𝐀𝐍𝐃 𝐂𝐎𝐌𝐌𝐈𝐓𝐓𝐄𝐄 𝐂𝐇𝐀𝐈𝐑𝐏𝐄𝐑𝐒𝐎𝐍𝐒 𝐎𝐕𝐄𝐑 𝐓𝐇𝐄 𝟐𝟎𝟐𝟓 𝐁𝐏𝐒 & 𝐓𝐇𝐄 𝐌𝐄𝐃𝐈𝐔𝐌-𝐓𝐄𝐑𝐌 𝐃𝐄𝐁𝐓 𝐌𝐀𝐍𝐀𝐆𝐄𝐌𝐄𝐍𝐓
The Controller of Budget, FCPA Dr. Margaret Nyakang’o has recommended that the National Treasury should adopt prudent strategies focused on debt management and revenue collection reforms to prevent more profound financial instability.