Economics
Kenya’s New Treasury Chief Pledges to Tighten Purse Strings
- Yatani confirmed as Treasury Secretary in cabinet reshuffle
- State targets expenditure below 23% of gross domestic product
This article is for subscribers only.
Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter
Kenyans can expect a more austere government after years of unbridled borrowing that financed “conspicuous consumption,” according to its new Treasury Secretary Ukur Yatani.