Controller of Budget Margaret Nyakang'o Stories
Nyakang'o said some MCAs align themselves with governors, compromising their role in scrutinizing county finances.
A report by the CoB covering the six months leading up to December 2024 reveals that Sh1.75 billion was withdrawn from the Consolidated Fund on Decemb...
The revelations have reignited concerns over government expenditure, especially at a time when Kenyans continue to grapple with a high cost of living
Nyakang’o emphasised that her office would enforce measures to ensure government institutions work towards achieving a wage bill to revenue ratio of 3...
Some requisitions submitted for her approval lack specifics and are presented in lump sums, making it impossible to establish a clear breakdown of the...
The review shows that only 411 of the affected employees were listed in the official staff biodata, contrary to public service regulations.
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.
