budget projections Stories

Kenya to issue first Sh65bn sustainability-linked bond by June to address annual budget deficit
Maureen Kinyanjui  |  Feb 14, 2025

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.

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...

Wasted billions: How President Ruto's administration spent Sh54bn of taxpayers' money
Lucy Mumbi  |  Jul 30, 2024

In the 2023/24 budget report, the allocations specific to hospitality totalled Sh3.7 billion. However, the actual figure was higher as some institutio...

MPs warn of disruption to Parliamentary functions after Sh3.7 billion budget cut
Lucy Mumbi  |  Jul 24, 2024

During a session with the Budget and Appropriations Committee chaired by Kiharu MP Ndindi Nyoro, the Parliamentary Service Commission (PSC) expressed...

Exam budget cuts put 3.5 million learners' future in jeopardy
Lucy Mumbi  |  Jul 22, 2024

Appearing before Members of Parliament, Kipsang said the entire Sh5.023 billion set aside for the tests has been slashed, putting approximately 3.5 mi...

Raila, Uhuru and Kalonzo’s retirement benefits slashed after withdrawal of Finance Bill
Barack Oduor  |  Jul 22, 2024

According to supplementary estimates before Parliament, the President has taken the lead, ceding Sh1.8 billion that was allocated to his office in the...

State announces stringent measures to curb public sector spending
Amina Wako  |  Jun 13, 2024

The Salaries and Remuneration Commission will conduct a thorough audit of public payrolls during this period to eliminate ghost workers and ensure com...

Treasury boosts security budget to Sh377.5bn for enhanced national safety and border protection
Mary Wambui  |  Jun 13, 2024

A brief on the ministry's allocations shows that the government plans to spend Sh15.18 billion to equip 283 sub-county offices with modern ICT equipme...

Counties receive highest allocation since inception of devolution
Barack Oduor  |  Jun 13, 2024

The amount was initially Sh12.2 billion when the budget was passed in June 2023 but the amount was increased through a subsequent supplementary budget...

Mandera residents voice concerns over infrastructure needs in 2024/2025 budget projections
Adan Mohamed  |  May 16, 2024

The public participation exercise underscored the importance of involving citizens in the budgetary process to ensure that their needs and priorities...

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