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Tuesday, March 31, 2020

Salaries Uhuru and Ruto will earn after coronavirus pay cut

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President Salary in Kenya: On Wednesday, President Uhuru Kenyatta announced that he and deputy president William Ruto would be taking a pay cut in the face of the coronavirus scourge.

The 80 per cent pay cut is expected to come into effect starting next month. Following this announcement, the president will now be earning Sh. 288,750 while the deputy president will be taking home Sh. 245,438.

The Kenyatta family loses Sh. 1.5 billion in 30 days

It is not just the president and the deputy president, though, who will take home reduced salaries. Cabinet Secretaries and Principal Secretaries  will also take home pay cuts.

Cabinet Secretaries will now earn Sh. 646,000 which represents a pay cut of 30 percent. Principal Secretaries will earn Sh. 612,150 which represents a 20 percent pay cut.

“In sharing the burden occasioned by the global health pandemic over the duration of the crisis and commencing immediately my administration has offered a salary reduction of the senior rank executives,” President Uhuru said.

Other measures that the president took to caution the Kenyan economy in the face of the virus were as follows:

  • 100% tax relief for persons earning gross monthly income of KES 24,000/-
  • PAYE tax brackets reduction from 30% to 25%
  • Reduction of corporate tax from 30% to 25%
  • Reduction in turnover tax from 3% to 1% for all SMEs.
  • Appropriation of an additional LES 10B tk elderly, orphans and other vulnerable members of society to cushion them from #Covid19
  • Temporary suspension of listing in CRBs of any individual, SME or corporate entities, and whose loan accounts are due or fall in arrears effective 1st April 2020.
  • National Treasury to cause immediate reduction of VAT from 16% to 14% effective 1st April 2020;
  • Government agencies and private sectors urged to clear any outstanding payments they owe.
  • That KRA shall expedite payment of VAT claims within three weeks in order to improve cashflow of businesses
  • KES 1B be appropriated for the recruitment of additional health workers.
  • Voluntary salary reduction in the ranks of senior government agencies DP and President – 80%; PSs and senior heads of GoK agencies – 30%.
  • Directive that all state and public officers with ore-existing medical conditions, or aged 50 yrs and above, serving in Group Job F or below to take leave or work from home. This excludes personnel serving in security or other essential services sectors.
  • CBK has lowered CBR to 7.25%. Cash Reserve Ratio also lowered.
  • Reorganized calendar of cabinet and other activities. Weekly cabinet meeting to be meeting twice weekly with focus on the impact of #Covid19.
  • Closer coordination with county governments and multi-sectoral stakeholders introduced.
  • Calls to reduce movement and congregations.
  • National Security Council has sanctioned Public Order No. 1.
  • Effective Friday, there’ll be daily curfew from 7pm to 5am, excepting those in industries considered to provide essential services.
  • That with immediate effect, KFS shall be supported by Coast Guard, Kenya Police to ensure pedestrians adhere to soon-to-be-published rules for crossing. President Salary in Kenya.

 

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