Teachers To wait Longer For April Salaries
Over the previous two months, Kenyan employees have experienced longer pay delays than usual. This has been planned by the organization known as “Kenya is Broke” by the Kenya Kwanza Government.
The commission has not yet received the Ksh8 billion intended for salary payments, as the Treasury reported last week.
The country has said that roughly 60% of the taxes collected are used to settle due debts because the country has reached its debt ceiling and a number of loans are due this year.
Ministries Owed By Government
The country as its now, owes six ministries about Ksh13.7 billion. These ministries include Health, Energy, Regional Development and Northern Corridor Development.
In the financial year ending in June 2023, the National Treasury has claimed to have made payments amounting to Ksh843 billion between July 2022 and April 2023 in repaying due debts.
The treasury is claiming that the expenditure in debt repayment for the months of January, February and March amounting to Ksh132 billion was the one meant for salary payment of all public servants.
The Kenya Revenue Authority (KRA) has further indicated that by the end of March, they had collected Ksh1.39 trillion. In order to pay its bill for the last nine months, they had to borrow both locally and in the foreign market about Ksh396 billion and Ksh235 billion respectively.
From the expenditure changing patterns, its indicated that the government Spent Ksh261 billion in 2023 February on development as compared with Ksh300 billion by February previous year, 2022.
From the data released by the National Treasury, it indicated that the Kenya Kwanza Government has spent KSH1.37 trillion on recurrent expenditure which is way higher by KSH100 billion the same time like now last year.
Its also indicated that the current administration has spent KSH183 billion on county transfers which is ksh.10 billion less than the previous year.
The treasury is now planning to send ksh 31 billion for the month of January that will cater for the delayed salaries in order to reduce the backlog and address salary delay issues.