×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now
×
The Standard Group Plc is a multi-media organization with investments in media platforms spanning newspaper print operations, television, radio broadcasting, digital and online services. The Standard Group is recognized as a leading multi-media house in Kenya with a key influence in matters of national and international interest.
  • Standard Group Plc HQ Office,
  • The Standard Group Center,Mombasa Road.
  • P.O Box 30080-00100,Nairobi, Kenya.
  • Telephone number: 0203222111, 0719012111
  • Email: [email protected]
Premium

Ruto goes big on tax collection as first Budget set at Sh3.64 trillion

Fashion and Beauty
 President William Ruto's first budget to draw up and implement since taking office on September 13 is 10 per cent higher than the Sh3.3 trillion budget for the financial year 2022 to 2023. [Kelly Ayodi, Standard]

President William Ruto plans to spend Sh3.64 trillion in the next financial year - the country's biggest budget in history.

The president's first budget to draw up and implement since taking office on September 13 is 10 per cent higher than the Sh3.3 trillion budget for the current financial year to June 2023, crafted in the last day's of the Jubilee administration and being implemented by Ruto's government.

The plan reflects a new populist approach Ruto has taken to budgeting - spend big and bank on those investments to pay off in a stronger economy, higher wages and reduced poverty.

Related Topics


.

Trending Now

.

Popular this week