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Home»Business»Debt hole set to deepen, civil servants to lose perks in new plan
Business

Debt hole set to deepen, civil servants to lose perks in new plan

By By Graham Kajilwa and Macharia KamauJune 13, 2025No Comments1 Min Read
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Debt hole set to deepen, civil servants to lose perks in new plan
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2025 BUDGET DAY-  Treasury CS John Mbadi arrives to read the budget at Parliament Buildinggs, Nairobi. June 12th,2025. [Elvis Ogina, Standard]

The government will over the next one-year attempt to breathe life into the struggling economy.

While National Treasury Cabinet Secretary John Mbadi spoke of yet another attempt at austerity measures that could see civil servants lose allowances, President William Ruto’s administration will sink the country deeper into debt, borrowing nearly Sh1 trillion. 

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The government will over the next one-year attempt to breathe life into the struggling economy.

Published Date: 2025-06-13 06:00:00
Author:
By Graham Kajilwa and Macharia Kamau
Source: The Standard
By Graham Kajilwa and Macharia Kamau

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