Tag: Treasury CS

  • Wanyonyi calls on President Ruto to sack Treasury CS Njuguna Ndung’u

    Wanyonyi calls on President Ruto to sack Treasury CS Njuguna Ndung’u

    Westlands Member of Parliament Tim Wanyonyi has called on president William Ruto to sack treasury cabinet secretary Njuguna Ndung’u, for delaying the release of NG-CDF money which MPS use to develop their constituencies.

    Speaking on Wednesday, Wanyonyi claimed that although the CS had previously stated that the money would be released within 24 hours, they had subsequently been talking in circles.

    “As MPs, we are putting him on notice that we will impeach him because there is nothing he is doing,” warned Wanyonyi.

    The MP said that NG-CDF money has to be released urgently to facilitate bursaries and the continuity of the education of secondary and college school going children.

    “The government has the ability to collect money and we don’t want to hear that there is no money. If the CS has no ability to deliver, then he must be axed and another one with ability to raise money given chance to,” he said.

    “We will help the president in removing the treasury CS if he is unable to do so himself,” he said.

    The outspoken Orange Democratic movement pledged to present a no confidence resolution in parliament, seeking the CS’s impeachment for failing to carry out his mission.

    He disclosed that the proposal to remove the CS is being supported by the government side and stated that it simply requires a simple majority to do so.

    He disclosed that each and every MP is impacted and conveyed assurance that they will all back the impeachment proposal.

    He also criticised the police for interfering with an ODM leader Raila Odinga’s birthday celebration in the street.

    Wanyonyi has refuted allegations made by the opposition that it is funding legal actions against the Kenya Kwanza government.

    “It is not us. It is the people. There is no Azimio hand,” he said. “It’s the citizens of Kenya themselves,” he added.

    Courts are there as an arbiter and, especially to check on the Executive, he argued.

    “The government has its lawyers led by the Attorney general. It should consult them and know where the problem is instead of inciting the public against the Judiciary in public pronouncements,” he said.

  • Eyes on Treasury CS Prof. Ndung’u ahead of budget presentation

    Eyes on Treasury CS Prof. Ndung’u ahead of budget presentation

    The attention of the country will Thursday afternoon shift to one man: National Treasury CS Prof. Njuguna Ndung’u.

    Prof. Ndung’u is expected to present the first ever Kenya Kwanza budget since the administration took the reins of power after August 9, 2022.

    The National Treasury CS is expected to deliver the Ksh. 3.6 trillion 2023/2024 Budget Statement whose proposals have elicited mixed reactions from Kenyans.

    They are those who feel that the budget will inflict more pain on them at a time the cost of living is already unbearable.

    This will be the first budget for the g Kenya Kwanza administration that has prioritized five pillars under the Bottom up Economic Transformation Agenda.

     The Ksh. 3.6 budget will be seeking to maintain a delicate balancing act between debt servicing and stabilizing the economy.

    In the budget proposals, Ksh. 1.5 trillion has been earmarked for recurrent expenditure, Ksh. 718 billion for development while Ksh. 986 billion will go into servicing public debt.

    Counties, which are already facing a cash crunch, will share out Ksh. 385 billion.

    The education sector will get the lions share of Ksh. 604 billion to operationalize the Junior Secondary School in terms of capitation and hiring of teachers.

    Other areas set to benefit largely are Infrastructure, ICT and energy sector.

    The five priority areas under the Bottom-up Economic Transformation Agenda comprising agriculture, MSMEs, housing and settlement, healthcare as well as the digital superhighway and the creative industry are expected to get Ksh. 268 billion.