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    1.0.32

    Treasury's Plan to Create Over 2,000 New Jobs at the Ministry

    Annastacia
    By Annastacia Wairimu
    - October 21, 2019
    - October 21, 2019
    Kenya Business news
    Treasury's Plan to Create Over 2,000 New Jobs at the Ministry

    The National Treasury has unveiled a plan dubbed ‘The sustained socio-economic transformation for job creation and shared prosperity’ which aims to create about 2,117 employment opportunities in the next four years.

    The plan proposes that Chief Administrative Secretary be second in command in the ministry, with the principal secretaries coming third in the rank.

    In the strategic plan which covered the financial year 2018/2019 to 2022/2023, it is expected that the number of staff will increase to 5,210 both at the technical and administrative positions.

    The various positions that have been proposed for additional staff include accountants who are currently 1,106 to 2,044 hence a 54.11% increase. Other vacant positions include the debt recording and settlement officers with only one serving official, pension officers and economists.

    The total funding required for the strategic plan is Ksh 43.02 billion and some of the funds will not be available and according to CS Yatani, the huge difference will be lobbied from increasing funding from the Exchequer through the MTEF budget sector, working groups and parliamentary committees to increase its funding.

    The ministry’s proposal comes a few weeks after the Acting Treasury Cabinet Secretary Ukur Yatani stated that the government had stopped hiring for the next three years so as to reduce the wage bill.

    To facilitate the implementation of this strategic plan, the National Treasury and Planning will have to develop donor engagement framework for increased resource mobilization and efficient utilization.

    The strategic plan for the financial year 2018/19-2022/23 is the fourth generation strategic plan and the successor of the third generation strategic plan for the financial year 2013/14-2017/18 which focused on the implementation of key projects and programmes in order to lead to economic transformation. However, it faced with challenges such revenue collection shortage and political shocks.

    Related;

    Treasury Invites the Public to Comment on National Debt Limit Bill

    Treasury Calls for Amendment of National Public Debt Regulation

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