Margaret Nyakango releases detailed report exposing Ruto Govt
Margaret Nyakango, the Controller of Budget, who was recently detained and accused of trying to counterfeit documents and running a Sacco without a permit, has revealed detailed information on the National Treasury’s salary manipulations.
The source was able to obtain the Budget Implementation Review Report, which indicated that the exaggerations were observed during the initial three months (July through September) of President William Ruto’s Ksh3 trillion budget implementation.
Prior to the report, Nyakang’o had only exposed exaggerations to her salary and now claims that the mismanagement of funds cut across various offices.
On the other hand, the allowances of various stated officers were also paid beyond the set amounts stipulated by the Salaries and Remuneration Commission (SRC).But no attention was paid to the particular policemen whose wages were inflated.
“The previously authorized Program-Based Budget and the intended outputs and outcomes that the government wishes to decrease, eliminate, or postpone for later financial periods should serve as the foundation for any budget rationalization that becomes required. A portion of the study stated, “The known expenditures should be budgeted as per the actual figures without exaggeration.”
However, Nyakang’o claimed that in order to present a genuine picture of the amount of money the government was spending on employee compensation, the Treasury needed to be precise during the budgeting process.
“The Controller of Budget advises giving non-essential spending, ineffective programs, and initiatives with little socioeconomic impact priority when making budget cuts.
To be more precise, deficit financing can be minimized and fiscal sustainability can be promoted by cutting back on funding for non-essential infrastructure projects, simplifying administrative procedures, and optimizing subsidies through targeted interventions.
“The National Treasury should ensure the budget is as realistic as possible. In the meantime, appropriate reallocations should be made through a supplementary budget to avoid over and under-budgeting,” Nyakang’o recommended.
Treasury Response
During an interview last month, Treasury CS Njunguna Ndung’u emphasised that budget estimates are usually used for the expenditure of various officers as certain elements, such as the exact number of travel cannot be accounted for during drafting.
He denied, though, that any money had been embezzled. For example, I have three or four specific non-travels associated with my travel. However, the others enter due to obligations.
They will enter an approximate amount, but in a way, they have no idea how far I will travel. “At the end year, they look and what you spent then they also put in an estimate,” he said.
Margaret Nyakango releases detailed report exposing Ruto Govt
