The committee, however, declined to adopt the recommendation, saying the National Treasury should continue examining ways of improving progressivity i...
Kisumu County led the rankings with 467 contracts worth Sh1.39 billion already captured in the system. Siaya County ranked second with 163 contracts w...
Treasury Cabinet Secretary John Mbadi said the Treasury will first automate county exchequer requisition processes before gradually migrating counties...
The Opposition’s proposals for a citizen‑based budget include increased funding for education and healthcare, restoration of programmes such as Linda...
Treasury CS John Mbadi said the allocations will intensify anti-corruption efforts and reinforce public sector integrity.
ICT spending falls to Sh8.6bn as Treasury trims infrastructure-heavy projects and boosts digital economy and cybersecurity priorities in 2026/27 budge...
He also ordered that facilities with higher claims undergo verification before a structured payment plan is implemented.
Parliament has cleared a Sh2.901 trillion revenue-sharing framework, securing Sh428 billion for county governments and ending uncertainty over the 202...
She told the committee that the growing debt burden, alongside recurring underperformance in collections, casts doubt on the optimism reflected in the...
Following approval, the Estimates will now form the basis of the Appropriation Bill, which will authorise government spending in the new financial yea...
Controller of Budget Margaret Nyakang’o has previously warned that rising debt servicing costs could take up a growing share of government revenue, le...
The new proposal also comes alongside support for funding the Teachers Service Commission (TSC) to convert intern teachers into permanent and pensiona...
The budget is anchored on projected revenues of Sh3.629 trillion, including Appropriation-in-Aid, and a fiscal deficit of Sh1.111 trillion, equivalent...
The coalition described what it called a “terrifying contradiction” between the scale of government spending and the lived reality of citizens struggl...
Principal Secretary Cyrell Odede appealed for additional funding to fully implement the e-GP and roll out provisions under the Government Owned Enterp...
The Treasury wants to scrap the current provision that excludes Saturdays, Sundays and public holidays when calculating tax dispute timelines. If the...
The increased funding follows repeated stockouts that have left millions of children vulnerable to diseases like measles, polio, and whooping cough, w...
The Treasury has urged members of the public to ensure their submissions are specific, practical and aligned to national priority areas.
The National Treasury has submitted a Sh4.82 trillion budget proposal for Kenya’s 2026/27 financial year to Parliament, allocating Sh1.98tn to recurre...
Treasury says these measures are designed to improve predictability for taxpayers while closing existing loopholes in the system.
The dispute stems from a directive issued by National Treasury Cabinet Secretary John Mbadi, who invoked Article 225 of the Constitution to halt half...
Kenya’s National Treasury has approved a Sh3.45 billion PPP for an Eldoret solar power plant and street lighting upgrade in Uasin Gishu County. It adv...
President William Ruto has signed a law cutting VAT on petroleum products from 16pc to 8pc for 90 days, prompting immediate fuel price reductions by E...
Among the most significant omissions are pending bills, which stood at an estimated Sh684 billion as of March 2025, as well as pension obligations tha...
The Treasury has added seven KPA port and inland container facilities to its PPP portfolio, bundling 11 assets to attract investment and support a lan...
The transaction involves the purchase of 100 per cent shareholding of the Kenyan lender by the Nigerian financial institution.
Candidates must hold at least a university degree in finance, accounting, engineering, economics, law or a related field from a recognised Kenyan univ...
Parliament’s Energy Committee wants future energy loans to ring-fence funds for wayleave compensation, as a Senate Bill moves to let counties levy fee...
The deficit represented an increase of Sh492.12 billion above the projected Sh768.6 billion, equivalent to about 6.3 per cent of the gross domestic pr...
Acting TSC Chief Executive Eveleen Mitei explained that delays occur when retirees or their beneficiaries fail to submit the necessary statutory docum...
