President Kenyatta orders Kenyan government to freeze all new projects

By professo

The President of Kenya, Uhuru Kenyatta, has issued a directive that places new government projects on hold.

The order aims to see projects that are currently undergoing complete before new projects are launched.

The directive has targeted all government accounting offices, which will be held accountable if they do not abide by the plan.

“There will be no new projects that will be embarked on until you complete those that are ongoing,” announced President Kenyatta.

“Even if new projects are aligned to the Big Four they cannot be started without express authority from CS or PS of the National Treasury.”

SEE ALSO:

The President issued the directive in a bid to prevent the wastage of resources and ensure no projects are abandoned whilst incomplete.

The news was announced at the Kenyatta International Convention Centre during a meeting with account officers.

The officers included principal secretaries, parastatal heads, vice-chancellors of public universities, and state corporation chairmen.

The only projects exempt from the directive will be those involved with the President’s Big Four Agenda, once receiving the National Treasury’s authorisation.

Share

Featured Articles

Abu Dhabi Airports prepares for Terminal A opening

A decade in the making, Abu Dhabi International Airport welcomes 6,000 volunteers to test operational readiness of stunning new Terminal A building

Business Chief expands portfolio with new look and coverage

Business Chief Middle East & Africa launches with fresh new look and extended coverage of the region, with exclusive executive interviews and insights

How Octopus Energy grew to become an industry giant

Octopus Energy continues to grow after a deal was agreed to acquire Shell Energy in the UK and Germany, taking its customer base to almost seven million

Perkbox CEO: How to support employees through tough times

Human Capital

How Middle East is embracing the future of digital finance

Corporate Finance

UAE Lulu Group shifts business for global growth and IPO

Corporate Finance