Mbadi plans spending cuts in public offices to Sh1.72trn

National Treasury and Economic Planning Cabinet Secretary John Mbadi.

Photo credit: Bonface Bogita | Nation Media Group

Treasury Cabinet Secretary (CS) John Mbadi plans to implement a raft of spending cuts targeting the cost of running public offices in his first budget for the financial year starting July amid shortfalls in tax receipts.

Budget documents tabled in Parliament for debate and approval show Mr Mbadi is proposing to trim the recurrent budget to Sh1.72 trillion from Sh1.73 trillion for the current financial year ending June.

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