The new budget proposal includes a Sh26.3 billion increase for the State Department for Higher Education and Research, with Sh22 billion earmarked for...
Under the TSA system, public funds will be managed more centrally, reducing idle balances in various accounts held by government agencies and counties...
The largest share of the National Government’s allocation goes to the Executive, which is set to receive Sh2.68 trillion, accounting for 59.8 per cent...
The low spending is mainly due to delays in the disbursement of funds by the Treasury, coupled with the effects of budget rationalisation under the Su...
CoB Margaret Nyakang’o commented on the low development budget absorption, stating, that this indicates that some planned activities were not implemen...
As of September 30, 2024, pension payments for ordinary and commuted pensions had reached Sh58.57 billion, but only Sh24.23 billion was covered by exc...
Development expenditure during the first quarter of the financial year amounted to Sh106.39 billion, translating to an absorption rate of 17 per cent,...
Other key defaulters include the National Police Service (NPS), the State Department of Transport, and the Medical Services sector, which collectively...
The expenditure, which covers the period from July to September 2024, highlights the significant costs associated with the government's foreign engage...
The current public debt currently stands at 67 per cent of GDP, amounting to Sh10.79 trillion as of September 30, 2024, a sharp increase from Sh10.58...
CS Mbadi has issued a stern warning to parastatals, revealing that some regulatory authorities have been circumventing rules by using surpluses in the...
Stay ahead of the news! Click ‘Yes, Thanks’ to receive breaking stories and exclusive updates directly to your device. Be the first to know what’s happening.