- National Treasury
Treasury Cabinet Secretary Ukur Yatani has dismissed Kenya Kwanza's claims that former President Uhuru Kenyatta left Ksh93 million for President William Ruto.
Speaking during Senators' induction on Thursday, September 22, the CS stated that the politicians were making comments about the money at the Treasury without understanding how the money had been used.
Yatani explained that money is collected daily and distributed often to government agencies for use such as payment of salaries among others.Former President Uhuru Kenyatta handing over a sword to President William Ruto on September 13, 2022.Kenyans.co.ke
"When we are in the public, we argue out of ignorance. After the elections, some leaders were saying that they did not find the coffers and that the treasury only had Ksh93 million. We do not know whether we should sympathise with the situation because there is a lot of ignorance about it.
"The government does not collect money, keeps it in a place for one month and then distributes it after a month or year," he stated.
He added that there were moments when the taxman failed to hit its target revenue hence the challenges in the disbursements of money.
"We raise revenue on daily basis and we fund govt on daily basis. There are also competing needs in terms of salaries to be paid and money to be taken to the counties, parliament, judiciary, and settle debt among others.
"Sometimes the performance of the revenue can be challenging because we make projections on the money we can collect in a week and then we find that we have collected less," he stated.
The statement by Yatani comes days after Ruto allies alleged that Uhuru's administration left only Ksh93 million hence posing a challenge to perform key functions.
Notably, this was echoed by Deputy President Rigathi Gachagua who alleged that the public coffers were empty adding that Ruto's government will take two years to address the high cost of living.
"The truth of the matter is that we have inherited a dilapidated economy which almost facing shutdown. we have a huge task to liberate this country and bring it back to where Kibaki left it.
"We have talked to the treasury, and the coffers are empty. We will have to start from scratch," he stated.Deputy President Rigathi Gachagua and his wife Pastor Dorcas Gachagua at Kasarani Stadium on September 13, 2022Muhammad Onyango
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