The government has cut the budget for infrastructure projects by 15.7 percent in a move that will affect contractors and suppliers involved in the construction and rehabilitation of roads, railways and ports.
In the 2024/2025 budget presented to Parliament by Treasury Cabinet Secretary Prof. Njuguna Ndung’u, the allocation was slashed from Kes 244.9 billion in the current financial year to Kes 193.2 billion, hiving off Kes 51.7billion.
“The government continues to expand and maintain critical infrastructure in roads, railways, sea and airports to achieve socio-economic transformation, enhance Kenya’s competitiveness and facilitate cross-border trade and regional integration”, said Prof. Ndung’u. – Business Daily
