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Experts warn of economic slump over Ruto's freeze on new projects

Members of the parliamentary committee on finance visit the stalled Data Recovery Center (DRC) in Naivasha. [Antony Gitonga, Standard]

Economists have raised a red flag after it emerged that the Kenya Kwanza government has imposed a freeze on all new capital spending commitments.

The government has also issued fresh austerity measures, which top National Treasury officials describe as necessary, as the administration struggles to find a way out of a deepening revenue crisis.

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