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Njuguna Ndung’u
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Proposed budget cuts are cynical and driven by anger

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Former National Treasury and Economic Planning Cabinet Secretary Prof Njuguna Ndung’u reads the budget in Parliament on June 13.

Photo credit: File | Nation Media Group

Cutting waste is not austerity. Media, traditional and social, should not fall for Kenya Kwanza’s cynical trap by referring as austerity measures, the half-hearted proposals to reduce the budget. They are not. They are anger driven and in bad faith. Let us examine the expenditures in some detail.

The proposed cuts have focused on the development vote. This has given rise to the view that the Executive, humiliated by the overwhelming rejection of additional taxation, is intent on “punishing” Kenyans. In the approved budget, the development vote is Sh458.9 billion. The supplementary proposes to reduce it by Sh122.4 billion, equivalent to one third. Comparatively, the approved recurrent expenditure is many times more, at Sh1.35 trillion. From this, only Sh34 billion, a mere 2.7 per cent is being reduced.