President Ruto has stated that his administration is implementing austerity measures following widespread anti-tax protests, which compelled the government to withdraw proposed tax hikes.

Kenya's President William Ruto has announced significant austerity measures in response to the country's budget crisis and recent anti-government protests. These measures include scrapping the budget for the First Lady's office and dissolving over 40 state-owned companies. The decision to eliminate these entities aims to reduce overlapping functions, cut operational costs, and integrate their functions into relevant ministries.

President Ruto emphasized that budget allocations for the offices of the First Lady, Deputy President's spouse, and Prime Cabinet Secretary will be removed. Additionally, he outlined plans to reduce the number of government advisors by 50% immediately. These steps are part of broader austerity measures intended to align government expenditures with the fiscal implications following the withdrawal of the controversial Finance Bill 2024.

The protests, sparked by proposed tax increases under the Finance Bill, led to widespread disruption and casualties, with at least 39 people reported killed. Despite the unrest, the government's decision to withdraw the bill reflects ongoing efforts to manage Kenya's fiscal challenges in line with international agreements, such as those with the International Monetary Fund (IMF).