financial year Stories

Controller of Budget hit by Sh70 million slash despite calls for increased funding
Lucy Mumbi  |  Jun 22, 2025

The National Treasury has now revised the allocation down to Sh632.3 million from Sh702.3 million, just days before the end of the financial year.

Kenya cuts environment budget to Sh103.8 billion despite climate change pressures
Bashir Mbuthia  |  Jun 12, 2025

One of the most notable cuts is in funding for expanding access to clean and adequate water for both domestic and agricultural use, which has dropped...

Education gets Sh702.7bn in 2025/26 budget amid capitation woes, free learning concerns
Lucy Mumbi  |  Jun 12, 2025

TSC will receive the lion’s share of Sh387.2 billion, including Sh7.2 billion earmarked for the recruitment of intern teachers and Sh980 million for c...

Wajir residents demand water, roads, education and power to be prioritised in budget
Issa Hussein  |  May 16, 2025

The majority of the residents emphasised the need to prioritise the construction of a mega dam to harvest rain and drilling of boreholes to cushion th...

Draft Finance Bill, 2025 formally tabled in National Assembly following Cabinet approval
Rachael Mutabasi  |  Apr 30, 2025

National Assembly Speaker Moses Wetang'ula confirmed its receipt along with the 2025/26 Budget Estimates, which include key revenue-raising measures f...

Showdown looms as senators demand more funds for counties, National Assembly disagrees
Lucy Mumbi  |  Apr 04, 2025

As both Houses stand firm in their positions, it remains to be seen whether the conflict will be resolved before the 2025/2026 financial year, with th...

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.

National Treasury asks Kenyans to give input on 2025/26 budget proposals
Charles Adinda  |  Dec 17, 2024

The invitation is in line with Articles 201, 221, and 232 of the Constitution, which require public participation in financial matters.

Nine MPs to join mediation committee to resolve revenue division Bill impasse
Maureen Kinyanjui  |  Oct 19, 2024

This mediation committee now awaits the appointment of an equal number of Senators who will join them in negotiations.

Nairobi county collects Sh1.4 billion revenue in first two months
Maureen Kinyanjui  |  Sep 04, 2024

This is a major improvement compared to Sh572.87 million and Sh501.03 million collected in the same months in the last financial year.

Kenya faces more debt pressure as Ruto plans to borrow Sh1tr to fund budget
Alfred Onyango  |  Jul 08, 2024

Ideally, the government opts for borrowing, both externally and internally, to cater to the fiscal gap in every financial year.

Finance Bill: Kenyans question public participation process
Lucy Mumbi  |  May 15, 2024

Most of them argued that even though public participation is required in the Constitution, the process merely appears symbolic, lacking substantive im...

University students oppose HELB budget cut
Lucy Mumbi  |  May 13, 2024

Treasury aims to allocate Sh33.3 billion to HELB, which is Sh3.7 billion from the initial amount.

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