Sharp Daily
No Result
View All Result
Monday, January 5, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

KShs 802 million to buy cars for Ruto, Rigathi and Mudavadi

Benson Muriithi by Benson Muriithi
March 23, 2023
in News
Reading Time: 2 mins read
[Photo/Courtesy]

[Photo/Courtesy]

The taxpayer is expected to foot Kshs 802.2 mn to buy cars for the top three government officials after the budget allocation for purchase of new cars increased by more than eight times compared to the same allocation in the Financial Year 2022/23. The offices that are set to benefit from this luxurious move include the office of the President William Ruto, office of the Deputy President Rigathi Gachagua and office of the Prime Cabinet Secretary Musalia Mudavadi.

In the last financial year, the budget allocation for purchase of new vehicles stood at Kshs 100.8 mn although the office of the Prime Cabinet Secretary had not been accounted for. Notably, the office of the deputy president will get Kshs 290.8 mn during this financial year which is an increase by more than Kshs 200.0 mn from kshs 90.8 mn in the last financial year.

This comes at a time when the country is battling economic crisis as some parts of the country are starving to death. In fact, the government is on record saying that they plan to cut all extravagance and wasteful spending in an effort to contain the country’s debt appetite that has left the country in a bad economic state. These are efforts to keep the recurrent expenditure below revenue.

Read: President Ruto Directs Ksh300 Billion Cut In National Budget

RELATEDPOSTS

Tanzania’s independence day 2025: a nation mourns as celebrations give way to crisis

December 9, 2025

Kenya’s middle-income jobs grow: 1.5 million now earn above Sh50,000 monthly

December 5, 2025

However, the purchase of new cars is one of the major drivers of the recurrent expenditure which will account for a total of Kshs 2.1 bn in this financial year as allocated in the budget.

Kenyans have since questioned the priorities of the Ruto government owing to the deteriorating economy on one hand while on the other, they are witnessing unnecessary spending on extravagant matters of the state.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

The Government to fast track implementation of projects in frontier counties

Next Post

KRA Set to Miss its Target of Kshs2.1trillion this Financial Year

Benson Muriithi

Benson Muriithi

Related Posts

News

Kenya defies global economic slowdown: 5% growth opens investment opportunities for 2026

January 5, 2026
News

Deals that could define 2026 after Sh757bn record year

January 5, 2026
News

From Spending to Squeezing: The Economic Cycle of Festive Seasons

January 5, 2026
News

The Role of KMRC in Expanding Mortgage Access in Kenya

January 5, 2026
News

How CBK’s Easing Cycle Is Reshaping Kenya’s Financial Markets

January 5, 2026
News

Why investing early matters more than investing big

January 5, 2026

LATEST STORIES

Kenya defies global economic slowdown: 5% growth opens investment opportunities for 2026

January 5, 2026

Deals that could define 2026 after Sh757bn record year

January 5, 2026

From Spending to Squeezing: The Economic Cycle of Festive Seasons

January 5, 2026

The Role of KMRC in Expanding Mortgage Access in Kenya

January 5, 2026

How CBK’s Easing Cycle Is Reshaping Kenya’s Financial Markets

January 5, 2026

Kenya opens market to duty free sugar imports after 24 years

January 5, 2026

Why investing early matters more than investing big

January 5, 2026

NSE’s gold Investors see rally spilling Into 2026

January 5, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024