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SRC sets out plan to slash wage bill

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The Standard| by Peter Theuri

Kenya spends nearly half of her revenue on salaries, with the huge expenditure now in the crosshairs of the salaries and Remuneration Commission (SRC).

And while the ratio of the wage bill to revenue at 48.1 per cent in the 2018-19 financial year was lower than the 57.3 per cent in 2013-14, it was still a far cry from the Public Finance Management Act’s target of below 35 per cent…

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