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Austerity myth as pension and debt gulp taxes

It appears that the Exchequer has been dancing to a different tune from the soothing belt-tightening music that it has been playing to the public.

If you spent some time flipping through the financial pages and channels just after Cabinet Secretary Henry Rotich and his National Treasury Principal Secretary Kamau Thugge were hounded out of office, you would be forgiven if you thought the job description for the new Treasury mandarins was anchored on one key term: Austerity.

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