Hellow guys, Welcome to my website, and you are watching Kenya News Live | Prez William Ruto Speech Live | Nairobi Protest Live | Kenya Protest Live | N18G. and this vIdeo is uploaded by CNN-News18 at 2024-07-06T18:14:14-07:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Kenya News Live | Prez William Ruto Speech Live | Nairobi Protest Live | Kenya Protest Live | N18G |
| Video Uploader | Video From CNN-News18 |
| Upload Date | This Video Uploaded At 07-07-2024 01:14:14 |
| Video Discription | Kenya News Live | Prez William Ruto Speech Live | Nairobi Protest Live | Kenya Protest Live | N18G Kenyan President William Ruto announced sweeping spending cuts on Friday (July 5), including slashing the government's advisory staff by half and dissolving 47 state corporations, as he seeks to plug a $2.7 billion hole in the budget after withdrawing a controversial tax hike that sparked nationwide protests. The cuts outlined by Ruto will reduce government expenditure by 177 billion Kenyan shillings ($1.4 billion) in the current fiscal year that started on July 1. The remaining gap of 169 billion shillings will be covered through increased borrowing, raising Kenya's fiscal deficit to 4.6% of GDP from a targeted 3.3%. Among the austerity measures, Ruto said 47 state corporations with overlapping functions would be dissolved, and their operations integrated into ministries. Public servants who turn 60 will be required to immediately retire with no extensions. The president also announced suspending the purchase of new government vehicles for 12 months except for security agencies, as well as halting non-essential travel by state officials. Budget lines for the offices of the first lady, deputy president's spouse and prime cabinet secretary will be removed. A week after deadly clashes in Kenya, the protests against the new finance bill have resumed. Kenya has reported fresh clashes between riot police in protestors in Nairobi as they chant "Ruto Must Go". As per latest reports, riot police fired tear gas grenades at stone-throwing protestors at downtown Nairobi and across Kenyan cities. #kenya #nairobi #protests #taxbillprotest #taxbill #englishnewslive n18oc_world n18oc_live News18 Mobile App - https://onelink.to/desc-youtube |
| Category | News & Politics |
| Tags | Kenya News Live | Prez William Ruto Speech Live | Nairobi Protest Live | Kenya Protest Live | Kenya Protests Over Finance Bill Live | Nairobo City protests | Kenya Protests Live | Nairobi City Protest Live | kenya tax protests | kenya protest live | kenya protests 2024 | kenya taxes protests | kenya protest tax hike | kenya protest against tax hike | kenya protests live | kenya tax protest | tax hike protests in kenya | kenya protest anti taxes | kenya anti tax protest | cnn live |
