Treasury CS Confirms the Country is Broke

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Chrispen

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Saturday, April 8, 2023 – Treasury Cabinet Secretary, CS Njunguna Ndung’u, has confirmed that government is facing financial difficulties to fund some of its programs as well as to pay salaries.

On Friday April 8, reports went viral that the country was collapsing under the weight of financial crisis and debts with Ugunja Member of Parliament MP Opiyo Wandayi taking a swipe at the William Ruto-led administration for the problem.

He complained that, upto now, their March salaries had not yet disbursed, something he described as strange since independence.

But speaking for the first time on the matter that has since attracted national attention, CS Njuguna who was attending same meeting with legislators on Saturday February 8 said that there was a financial challenge in the country hence making it difficult to lower the cost of living.

“If you are living in this country, you must be knowing the challenges we have with our resources. It is something we have to resolve. We have a resource constraint. There is no money, and we have to help ourselves,” he stated.

He seized the opportunity to promise that the current situation may end and government activities resume normalcy.

“When we get the money, all will be possible. We have come far, and that scarcity will end. We cannot say that it will be addressed today or tomorrow, but we will solve that problem,” he added.

The CS defended that, once the financial flow resumes, every issue at hand will be addressed including the cost of living.

Most civil servants around the country have not been paid their March salaries. Furthermore, those working in County Governments are affected by this situation as County allocation disbursement is still yet to be effected.

Council of Governors CoG Treasurer who is also Kakamega County Governor, Fernandes Barasa, on Friday April8, confirmed to Nation Tv that most counties had not received their allocation.