Controller of Budget Margaret Nyakang'o Stories
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...
Development expenditure during the first quarter of the financial year amounted to Sh106.39 billion, translating to an absorption rate of 17 per cent,...
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...
The CoB's report reveals that unremitted PAYE alone rose by Sh3.85 billion, bringing the total outstanding amount to Sh22.89 billion.
The request follows the latest report by the CoB, which highlights the alarming scale of unpaid bills within county governments.
This marks a sharp rise of over 400 accounts compared to the 2,000 reported in the previous financial year.
The report, which highlighted Sh17.60 billion spent on domestic and foreign travel, has prompted the Senate's Finance and Budget Committee to take act...
In her latest budget implementation review report, Nyakang’o disclosed that State House requested an additional Sh2.858 billion on April 9, primarily...
The report shows that for the financial year ending June 30, 2023, counties disbursed Sh16 billion in salaries through manual payroll systems, despite...
This includes Sh15.28 billion for domestic trips and Sh2.32 billion for foreign journeys.
This financial strain comes as counties grapple with outstanding debts to contractors and suppliers, amounting to at least Sh156.3 billion due to over...
CoB Nyakang’o approved Sh19.1 billion from the Sh30.7 billion requested by the MDAs.
Regulations require that county government bank accounts be opened and maintained at the Central Bank of Kenya, except for imprest accounts for petty...
The report states that the Executive spent Sh902.19 million while Sh314.24 million was spent by Members of County Assembly (MCAs).
