National Treasury Stories

Food security in Africa at risk without increased agriculture budgets, ministers warn
Maureen Kinyanjui  |  Jul 18, 2025

The ministers insist that without adequate funding, Africa will remain vulnerable to food shortages, environmental stress, and economic instability.

Judiciary calls for budget increase, says Sh20 billion deficit crippling functions
Maureen Kinyanjui  |  Jul 18, 2025

Chief Registrar Winfridah Mokaya revealed that the Judiciary received Sh22.42 billion in the 2023/2024 financial year against a required Sh43.17 bill...

Treasury CS John Mbadi faults parastatals for prioritising profits over public service
Maureen Kinyanjui  |  Jul 18, 2025

CS John Mbadi said several agencies are treating government funds as a source of returns, a move he described as a misuse of public resources.

EACC busts Sh10.5 million bribery ring at Treasury, arrests four officials
Maureen Kinyanjui  |  Jul 18, 2025

Those arrested include two Senior Pensions Officers, Henry Odhaimbo Otira and Catherine Muthoni Murage, Chief Clerical Officer Byrson Mark, and Wilken...

Counties under pressure as Treasury moves to curb misuse of funds with new single account system
Lucy Mumbi  |  Jul 18, 2025

While county leaders have raised concerns over losing financial independence, senators proposed a hybrid system, where the Treasury can monitor balanc...

PSs told to submit petty cash audit reports by August 14
Maureen Kinyanjui  |  Jul 17, 2025

In a letter sent to all PSs, Treasury Principal Secretary Chris Kiptoo instructed that consolidated audit reports, supported by all necessary document...

Universities Fund faces Sh9.6 billion deficit as pending bills soar to Sh72.2 billion
Lucy Mumbi  |  Jul 15, 2025

Appearing before the committee during an oversight visit to the agency’s headquarters in Nairobi, UF acting CEO Edwin Wanyonyi revealed that the agenc...

EACC recovers Sh67 million fraudulently paid as irregular allowances to Treasury official
Mary Wambui  |  Jul 15, 2025

Court found that the official had illegally and irregularly received public funds disguised as taskforce, extraneous, entertainment, facilitation, and...

Governors sound alarm as pending bills balloon to Sh172 billion
Maureen Kinyanjui  |  Jul 11, 2025

Council of Governors (CoG) chairperson Ahmed Abdullahi said unpaid bills had reached Sh172.51 billion by the end of the financial year, with Nairobi C...

Treasury disburses Sh68 billion to NG-CDF board, clearing all outstanding arrears
Lucy Mumbi  |  Jul 08, 2025

Treasury Cabinet Secretary John Mbadi announced the disbursement via his official X account, confirming that the release includes Sh13 billion owed fr...

Road Maintenance Levy Fund: Counties score big as Treasury disburses Sh3.6 billion
Maureen Kinyanjui  |  Jul 05, 2025

The funds, released on June 30, represent 35 per cent of the total Sh10.52 billion allocation owed to counties.

Kenya’s current account deficit surges to Sh66 billion - KNBS
Alfred Onyango  |  Jul 04, 2025

The latest figures by the Kenya National Bureau of Statistics (KNBS) show the country’s current account balance widened by 58 per cent, rising to Sh66...

Government suspends all tenders, contract awards until e-GP launch
Lucy Mumbi  |  Jun 30, 2025

The new platform, developed under the Public Procurement and Asset Disposal Act, is expected to automate procurement activities from planning to payme...

Kenya faces fresh debt crisis as Treasury projects Sh253 billion revenue shortfall
Lucy Mumbi  |  Jun 29, 2025

According to documents submitted by the National Treasury, the Kenya Revenue Authority had collected Sh2.26 trillion by the end of April 2025, falling...

Treasury given 60-day ultimatum to deliver debt management framework
Maureen Kinyanjui  |  Jun 26, 2025

The legislators endorsed a report that lowers the Consolidated Fund Services (CFS) budget by Sh295.28 billion and gave the Treasury 60 days to publish...

Financial autonomy: Mombasa Governor Abdulswamad Nassir urges Ruto to empower counties
Farhiya Hussein  |  Jun 23, 2025

At present, most county assemblies do not receive funds directly from the National Treasury. Instead, they depend on governors and county finance depa...

Ruto government allocates Sh680 million for State House renovation despite budget cuts, public outrage
Lucy Mumbi  |  Jun 23, 2025

The National Treasury has included the funds in a broader Sh894.9 million renovation plan covering the President’s official residence and several stat...

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.

Revenue shortfall sparks National Treasury’s Sh18 billion supplementary budget push
Maureen Kinyanjui  |  Jun 20, 2025

Treasury Cabinet Secretary John Mbadi says the government collected Sh2.2 trillion against a target of Sh2.5 trillion, resulting in a revenue gap of S...

MPs say no to cheap steel imports, back local industries
Maureen Kinyanjui  |  Jun 19, 2025

The Finance and National Planning Committee told Parliament that retaining the 17.5 per cent levy was crucial in shielding local firms that produce si...

MPs, senators strike deal, agree on Sh415 billion revenue allocation to counties
Lucy Mumbi  |  Jun 18, 2025

During a sitting on Monday, June 16, Mandera Senator Ali Roba had proposed a compromise figure of Sh435 billion, highlighting the importance of matchi...

How Gen-Z protests forced National Treasury to cut Sh52 billion from budget
Maureen Kinyanjui  |  Jun 18, 2025

The 6.91 per cent decline marks the first such drop in this window since the Covid-19 era, four years ago.

State House, NIS among beneficiaries of Sh9.3 billion emergency funds
Maureen Kinyanjui  |  Jun 18, 2025

This allocation is part of a wider emergency package totalling Sh50.9 billion that was approved by the Treasury for various ministries and State depar...

House team raises alarm over pension delays as arrears pile up to Sh86 billion
Maureen Kinyanjui  |  Jun 17, 2025

Pension obligations are part of non-discretionary government spending that must be settled without delay, but Treasury cash flow issues have continued...

National Treasury reverts to old law after court nullifies 2023 Privatisation Act
Maureen Kinyanjui  |  Jun 17, 2025

National Treasury is now banking on the older law and the reactivated Privatisation Commission to raise Sh149 billion in the 2025/26 financial year.

Government cuts top officials’ salary budget by Sh600 million after audit flags overestimation
Lucy Mumbi  |  Jun 16, 2025

Between July 2024 and March 2025, the government spent Sh2.97 billion on salaries to state officers, a rise from Sh2.49 billion spent in a similar per...

Sh20 million blow: Kenya’s anti-doping war crippled after drastic budget cut
Maureen Kinyanjui  |  Jun 13, 2025

Athletics Integrity United has revealed that over 100 Kenyan athletes are currently serving doping bans, a worrying trend for a country celebrated for...

Kisumu leads in commercial bank loans as counties borrow Sh8.6 billion in nine months
Maureen Kinyanjui  |  Jun 13, 2025

Data by the Central Bank of Kenya shows that Kisumu borrowed Sh1.68 billion from Kenya Commercial Bank (KCB) to support operations and pay salaries.

Sh12.7bn allocated to digital superhighway as Treasury trims ICT budget in 2025/26
Margaret Wanjiru  |  Jun 12, 2025

The digital superhighway, a flagship pillar under the Bottom-Up Economic Transformation Agenda, aims to foster inclusive economic growth by expanding...

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