Kenya's cabinet on Tuesday ordered all ministries and state departments to cut 10% of their operational budgets for the 2023/24 (July-June) fiscal year, the presidency said.
The East African nation is facing deepening economic challenges due to growing debt repayments, rising interest rates and high taxes that have curbed consumer demand.
The decision seeks to reverse a deal struck in the last months of President Uhuru Kenyatta's administration, which nationalised the telecoms operator for a price of 6 billion shillings .
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