AfricaNewsProtest: Ruto To Cut $1.39 Billion Government Spending
Kenyan President William Ruto is set to scrap a planned tax hike, due to nationwide protests that lasted for weeks. Ruto pledged on Friday to cut the cost of governance totaling 177 billion shillings ($1.39 billion) in the fiscal year that started in July. The government will also increase borrowing by about 169 billion shillings to cover the 346 billion shilling hole created by the decision to withdraw the finance bill that was the original...