Budget Policy Statement Stories
Governors have been pushing for at least Sh547 billion as their equitable share, arguing that anything less would hinder service delivery.
Despite the Treasury forming a task force last year to address the growing pension arrears, the debt continues to rise.
The Commission on Revenue Allocation has called for transparency on why the debt, incurred before 1997, remains unsettled.
One document puts the total budget at Sh4.263 trillion, while another states it as Sh4.336 trillion, creating a Sh73 billion gap that officials failed...
The revelation underscores the cash flow pressures the government faced leading up to the 2024 tax proposals that triggered countrywide protests.
If Kenya meets its sustainability targets, the cost of repaying the bond remains lower, while failure to do so could result in higher coupon payments.
The approval comes amid economic disruptions caused by civil protests in mid-2024, which led to the withdrawal of the Finance Bill 2024. The Bill had...
Narok Senator Ledama Ole Kina supported the proposal, saying the Senate is committed to strengthening devolution by ensuring counties receive adequate...
Despite these changes, no expenditure cuts have been announced for the current fiscal year, raising concerns that the budget deficit could increase by...
Kenya first adopted leasing as an alternative to outright asset acquisition, starting with vehicles to address resource gaps
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 amendment, introduced by Uasin Gishu Woman Representative Gladys Boss Shollei, seeks to modify Section 25(7) of the PFM Act.
CS Nakhumicha underlined Nairobi's commitment to vaccine manufacturing and its ambition to become a regional hub for specialized health products and t...
They urged Kenyans to prepare for a new wave of taxation if the government gets its way in the BPS that is before parliament.
