education budget kenya Stories

State proposes Sh68 billion budget increase to tackle education crisis
Maureen Kinyanjui  |  Jan 17, 2025

The new budget proposal includes a Sh26.3 billion increase for the State Department for Higher Education and Research, with Sh22 billion earmarked for...

Counties to join Treasury’s single account system as state streamlines management of public funds
Maureen Kinyanjui  |  Jan 16, 2025

Under the TSA system, public funds will be managed more centrally, reducing idle balances in various accounts held by government agencies and counties...

Treasury projects Sh4.49 trillion budget for 2025/26 financial year
Lucy Mumbi  |  Jan 15, 2025

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...

MPs want time to review budget policy statement extended by seven days
Maureen Kinyanjui  |  Jan 15, 2025

The amendment, introduced by Uasin Gishu Woman Representative Gladys Boss Shollei, seeks to modify Section 25(7) of the PFM Act.

State agencies miss development spending targets by Sh50 billion
Maureen Kinyanjui  |  Jan 10, 2025

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...

Sh48.5 billion lying idle in county funds CBK account despite cash crunch in devolved governments
Maureen Kinyanjui  |  Jan 10, 2025

In particular, Kisii County has Sh3.46 billion sitting unused in its CRF account, with only about Sh6.8 million in its development fund.

Health ministry flagged for low development budget absorption despite high funding
Lucy Mumbi  |  Jan 08, 2025

CoB Margaret Nyakang’o commented on the low development budget absorption, stating, that this indicates that some planned activities were not implemen...

Staff pay in Gachagua’s office nearly tripled before his impeachment as Deputy President – CoB report
Lucy Mumbi  |  Jan 06, 2025

The dramatic increase in wages raised total recurrent expenditure from Sh263.62 million to Sh425.87 million.

Pensioners miss out on Sh34 billion payments due to Treasury delays, system downtime
Lucy Mumbi  |  Jan 03, 2025

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...

Funding delays slowing down affordable housing project despite Kenyans’ contributions  - CoB
Lucy Mumbi  |  Jan 01, 2025

A recent report by the Architectural Association of Kenya suggests that only 1,189 houses have been finished by the current administration.

Controller of Budget report shows counties failed to meet set revenue targets
Lucy Mumbi  |  Dec 30, 2024

Nyakango advised county governments to adopt austerity measures to ensure that expenditures align with available resources.

Ministry of Defence records highest spending of Sh40 billion in three months
Lucy Mumbi  |  Dec 29, 2024

The CoG’s report highlighted that these expenditures reflected a disregard for the austerity measures announced by President William Ruto.

KeNHA, Kerra, Ketraco top list of parastatals with billions in pending bills
Lucy Mumbi  |  Dec 29, 2024

State agencies in the Ministry of Roads and Transport are the largest contributors to the pending bills crisis, with debts totalling Sh173.7 billion.

State faces stalled projects, revenue shortfall after Finance Bill withdrawal
Maureen Kinyanjui  |  Dec 26, 2024

Development expenditure during the first quarter of the financial year amounted to Sh106.39 billion, translating to an absorption rate of 17 per cent,...

Defence Ministry and NMS among top defaulters in Sh117 billion pending bills - report
Maureen Kinyanjui  |  Dec 25, 2024

Other key defaulters include the National Police Service (NPS), the State Department of Transport, and the Medical Services sector, which collectively...

Government spent Sh1 billion on foreign travel in three months - CoB
Maureen Kinyanjui  |  Dec 25, 2024

The expenditure, which covers the period from July to September 2024, highlights the significant costs associated with the government's foreign engage...

Controller of Budget sounds alarm as Kenya's debt hits 67% of GDP
Maureen Kinyanjui  |  Dec 25, 2024

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...

Unpaid PAYE, pension deductions for civil servants hit Sh6.36bn in three months
Maureen Kinyanjui  |  Dec 24, 2024

The CoB's report reveals that unremitted PAYE alone rose by Sh3.85 billion, bringing the total outstanding amount to Sh22.89 billion.

Treasury cracks down on parastatals hiding surplus funds
Maureen Kinyanjui  |  Dec 23, 2024

CS Mbadi has issued a stern warning to parastatals, revealing that some regulatory authorities have been circumventing rules by using surpluses in the...

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