National Treasury Stories
The five-year Sh7.1 billion initiative was designed to fill financing gaps in the MSME sector, gaps that widened during the Covid-19 pandemic.
KRA Commissioner General Humphrey Wattanga said the changes are part of “ongoing efforts to strengthen institutional capacity, enhance service deliver...
This follows the annulment of the mandatory use circular by Parliament and a recent High Court suspension.
The arrangement will allow Kenya to channel resources into agricultural projects, irrigation, food storage infrastructure, and nutrition programmes, h...
In a ruling delivered on September 8, 2025, Justice Bahati Mwamuye ordered that the contested Treasury circular be stayed until the case is heard and...
Unremitted contributions to the Social Health Insurance Fund (SHIF) rose sharply to Sh125.62 million, compared with Sh76.45 million in the previous ye...
The Ministry of Roads and Transport is the largest contributor to the accumulated fines, with penalties totalling Sh21.3 billion on top of its pending...
This reliance has forced the National Treasury to roll over obligations repeatedly, creating a cycle where new borrowing is primarily used to pay off...
Figures released by the Controller of Budget (CoB) show that fines and interest linked to pending bills increased to Sh25.28 billion from Sh21.58 bill...
The Treasury’s draft Public Finance Management (Integrated County Revenue Management System) Regulations, 2025, aim to create a national digital platf...
Mbadi noted that the scheme’s reliance on real estate investments had slowed down the release of benefits, but the government is now seeking to addres...
If Mbadi’s Inua Jamii proposal is approved, former councillors would receive Sh2,000 monthly payments through the programme, which supports vulnerable...
This setback comes after the Treasury ended the previous fiscal year with no pending payments to counties, a sharp contrast to past years when arrears...
Treasury Cabinet Secretary John Mbadi had launched the e-GPS system on April 7, 2025, with the aim of improving accountability, efficiency, and value...
Introduced in February and sponsored by Majority Leader Kimani Ichung’wah, the Bill sought to enforce stricter financial and administrative restrictio...
On July 7, Nairobi’s Central Business District was effectively closed as police blocked major roads to prevent thousands of youth from gathering for t...
Treasury Cabinet Secretary John Mbadi outlined that the new fund will take over operations from the Prison Farms Revolving Fund, established in 1993,...
Speaking at the devolution conference in Homa Bay, Mbadi said the surge in pension debt owed by counties, which has increased from Sh23.3 billion to o...
Combined, the three agencies spent over Sh2.4 billion illegally on staff compensation, amid a government-wide wage bill increase that led to a freeze...
The integrated financial management system will channel deductions to bodies such as the Kenya Revenue Authority (KRA), SACCOs and pension schemes bef...
The CS told senators that a team from the Office of the Deputy President and the National Treasury is reviewing all ongoing donor-funded projects to e...
County leaders, through the Council of Governors, have opposed the plan, saying it undermines devolution by dictating which systems they should use.
This will be part of a new electronic procurement system that regularly updates item prices based on market surveys and locks them in the platform to...
The Senate committee, chaired by Homa Bay Senator Moses Kajwang’, is compiling a list of counties with glaring irregularities to submit to the Treasur...
The exchequer was to appear before the House committee on Tuesday, August, but failed, a reason the committee believes is a deliberate act of inaction...
NOCK’s Chief Executive Officer Leparan Gideon Ole Morintat told the committee that the firm is in a difficult financial state and explained the deal w...
Two months into the new financial year, only 15 county governments have submitted their budgets, and of these, only Nairobi and Kisii have received fu...
The Senate Standing Committee on Labour and Social Welfare now wants the CS to appear in person on August 4 after what it termed as persistent snubs a...
Under current policy, students in day secondary schools should receive Sh22,000 per year, junior secondary students Sh15,000, and primary school pupil...
Justice Chacha Mwita ruled that although the petition raised significant concerns regarding public finance and executive power, his court lacked juris...
