?ref_src=twsrc%5Etfw">March 20, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>Man of chaos pic.twitter.com/fQ3AThn1v0
— SK🇰🇪 (@soulqyp_kenya) March 20, 2023
?ref_src=twsrc%5Etfw">March 20, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>There is research that was done by the GOK on the quality of life last month & the results were not good. If published, it would give fodder to the opposition. Nairobians are choosing between having one decent meal a day & paying rent. It’s that bad but we still can’t connect it
— SokoAnalyst (@SokoAnalyst) March 20, 2023
?ref_src=twsrc%5Etfw">March 19, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>I think H.E. @WilliamsRuto should reconsider the 50 CAS he nominated.He needs to reduce the nominees to the 23 vacancies his office sought from the Public Service Commission & EXCLUDE all those who LOST seats in the August elections.DONT GIVE JOBS TO THOSE REJECTED BY THE PEOPLE!
— Ahmednasir Abdullahi SC (@ahmednasirlaw) March 19, 2023
?t=JQAJgy2xQO0ZuuwD4ses_g&s=19Kenya has a RULE OF LAW problem. It always had a RULE OF LAW problem. This explains why Hon Raila wrecks havoc, breaks every law in the book and as a reward walks into every government formed since 1997.
— Ahmednasir Abdullahi SC (@ahmednasirlaw) March 20, 2023
50 cas is Ruto discretion...he has executive power..cas were okayed by court.CAS will not dent gov expenditure
?s=20David Ndii has been told that the money Ruto will use to sustain the bloated CAS list can build and equip 4500 Junior Secondary School units, and the genius Economist has asked the clever mouth if the classrooms will campaign for UDA in 2027. Mamma mia.
— Gabriel Oguda (@gabrieloguda) March 19, 2023
?s=20For the record, there are additional costs attached to 50 CASs (Sh450M)
— manlikekimanzi (@iamkimanzi) March 19, 2023
1. Car grant. 10M EACH
2. Mortgage loan. 35M EACH
3. Staff salaries. EACH of the 50 CASs will have at least 5 employees
Once again he is proving that he's practicing voodoo economics for political expediency
CAS will not idle but work.That is where you get real value for the money. If Ruto makes them work long hours that public money we'll spentThe government promised austerity to reduce borrowing and ease pressure on the economy. Not only have they not cut spending they have increased recurrent expenditure by adding CAS and overall bill https://www.businessdailyafrica.com/bd/economy/ruto-tweaks-uhuru-budget-grows-recurrent-by-sh87-6bn-4166208 . In the meantime CBK overdraft is now 73b, clearly we're more than extended. Either we're going to be in an economic stagnation for a prolonged period or soon implode.
The government promised austerity to reduce borrowing and ease pressure on the economy. Not only have they not cut spending they have increased recurrent expenditure by adding CAS and overall bill https://www.businessdailyafrica.com/bd/economy/ruto-tweaks-uhuru-budget-grows-recurrent-by-sh87-6bn-4166208 . In the meantime CBK overdraft is now 73b, clearly we're more than extended. Either we're going to be in an economic stagnation for a prolonged period or soon implode.
There is difference btw cutting expenditure where you get huge money off like cancelling some of useless projects; and small increment from CAS;Recurrent expenditure makes more than 67% of the budget, what's where to cut spending. Its either that or somehow grow the economy to finance the recurrent expenditure and reduce the percentage of government expenditure on the economy. Kenya has to either reduce government spending or increase exports, consumption and investment as percentage of overall aggregate demand in the economy.
Apart from symbolism; this kind of small mindness should not be taken seriously.
If gov want to cut budget - it will have to look for ways to cut it - like KQ - 25B bailout - Oil subsidy that was going to 100B - there such huge wasteful expenditure.
But CAS salaries and cars - mmm - hardly makes a dent. Those salaries KRA will collect 30% back anyway. So we are not going to discuss a billion dollar to employ people who can drive gov agenda.
There is certain level of frugality that gov should not get into it. Focus on big projects that we can cut. Mostly development projects - like roads or railway or ports. Those big infra projects can wait until economy is out of trouble.
Recurrent expenditure - there is little to cut - it salaries, allowances and money for tissues papers.The government promised austerity to reduce borrowing and ease pressure on the economy. Not only have they not cut spending they have increased recurrent expenditure by adding CAS and overall bill https://www.businessdailyafrica.com/bd/economy/ruto-tweaks-uhuru-budget-grows-recurrent-by-sh87-6bn-4166208 . In the meantime CBK overdraft is now 73b, clearly we're more than extended. Either we're going to be in an economic stagnation for a prolonged period or soon implode.
Recurrent expenditure makes more than 67% of the budget, what's where to cut spending. Its either that or somehow grow the economy to finance the recurrent expenditure and reduce the percentage of government expenditure on the economy. Kenya has to either reduce government spending or increase exports, consumption and investment as percentage of overall aggregate demand in the economy.
How do you cut recurrent expenditure without firing teachers, police and such - who consume most of the money.Hard choices have to be made. There's alot of wastage on running of ministries apart from salaries, this is the low lying fruit. Also alot of civil servants are overpaid because they're heavily taxed. A teacher making 60k is taxed at 30% paye, this is what needs to be reduced.
Recurrent expenditure is mostly social investment - in free primary, secondary and university education - healthcare
I dont see how gov can cut - unless we go back to 1990s mass retrenchment.
And huge cutback on social investment.
Kenya at least now cry about food - but not schools fees. Very nice :)
We just need to cut the 33% that is development budget until global economy improves.
If a road is not build today - nobody will die.
Cut development budget - focus on Hustler Fund - giving people bigger micro-loans to start small hustles.
Anything else is dreaming - we cannot increase exports that fast and that easily.Recurrent expenditure makes more than 67% of the budget, what's where to cut spending. Its either that or somehow grow the economy to finance the recurrent expenditure and reduce the percentage of government expenditure on the economy. Kenya has to either reduce government spending or increase exports, consumption and investment as percentage of overall aggregate demand in the economy.