John Mbadi Stories
Senators have maintained that they have increased their vigilance in overseeing the timely release of the funds, as many counties struggle to meet the...
The cash goes straight to the roads board, which conducts maintenance of roads on behalf of the government. Ruto's government has also turned to China...
While admitting that Kenya has encountered fiscal challenges, the CS maintained that the nation’s debt position remains sustainable.
He explained that January, February, and March are the most challenging financial months, highlighting the heavy financial commitments the Treasury fa...
The E-GP system, launched on Monday, is designed to automate and streamline public procurement processes. It enables government agencies to handle pro...
The CS pointed to the misuse of short-term loans to fund long-term projects as one of the key mistakes that plunged the country into its current econo...
Kenya, which is struggling with a heavy debt load and the accompanying high debt service costs, caught investor attention last month when it ditched t...
The Ministry of Roads and Transport confirmed that toll charges will be structured to ensure affordability and that revenues collected will be reinves...
Mbadi said the claim that the National Treasury was diverting funds was completely out of tune with the normal budgetary process.
Jilo was among four candidates shortlisted for the interview by the selection panel for NPSC nominees.
Kenya has struggled to rein in its fiscal deficit and boost revenue collection, two of the main requirements of the IMF.
Kenya’s debt-to-GDP ratio stood at 65.7 per cent as of June 2024—well above the 55 per cent sustainability threshold.
Treasury Cabinet Secretary John Mbadi revealed that these unutilized funds continue to accrue commitment and interest fees.
Kenya needs continued support to keep its economy on track after its debt-servicing costs surged due to a borrowing spree over the past decade.
The correction comes amid increased monitoring of Kenya’s public finances, with legislators keen on ensuring budget transparency and fiscal discipline...
The Ouko-led committee is also mandated to establish clear criteria for verifying pending bills and identifying fraudulent claims, corruption, or fals...
To curb these losses, Mbadi revealed that the government has adopted a zero-based budgeting approach, requiring justification for every expenditure in...
