William Ruto's painful austerity path to hit civil servants, businesses hard

National Treasury CS Njuguna Ndungu addressing the media at his Treasury office in Nairobi on November 10, 2022. [Boniface Okendo, Standard]

Hoteliers, traders in goods like stationery, consultants and civil servants will be among the hardest hit as the National Treasury moves to execute austerity cuts in search of Sh300 billion in cost savings, a State internal plan shows.

President William Ruto recently tasked the National Treasury to begin planning spending cuts on non-priority items to try to tame the country's big public deficit.