financial year spending Stories

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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