The National Assembly has adopted supplementary budget estimates that among others rejected payment of Ksh.6 billion for the exit of Helios Investment from the shareholding of Telkom Kenya.
The Budget and Appropriation Committee, chaired by Kiharu MP Ndindi Nyoro said the proposed payments were questionable while adding that it wants investigations into how the transactions were arrived at.
“These payments were being done just during the elections; so when other Kenyans were counting votes, others were busy making payments elsewhere,” said Nyoro
“We have managed as a committee to condense our appetite our deficit is 5.7 per cent of GDP. We must live within our means.”
However, Azimio MPs poked holes in the supplementary budget, terming it unrealistic.
“Ruto said we will cut expenditure, Kenyans expected to see a reduction…why don’t we have budget cuts?” posed John Mbadi.
“We made sure as a committee that we reach the micro-business equilibrium in this budget, I fully support the budget,” added Embakasi East MP Babu Owino.
In the supplementary estimates, the office of the president has been allocated Ksh.7.3 billion which will partly clear the NMS bills.
The office of the Deputy President got some Ksh.850 million while that of Prime Cabinet Secretary has a spending power of Ksh.771 million.
