National Treasury Stories
The Institute of Certified Public Accountants of Kenya (ICPAK) says the problem has persisted for years despite repeated warnings from the Auditor-Gen...
The PBO attributes these missed targets to deep-seated inefficiencies, citing poor implementation of tax policies, weak enforcement mechanisms, and wi...
Only eight counties complied with the legal limit: Kilifi (24 per cent), Siaya (26 per cent), Tana River (27 per cent), Nakuru (30 per cent), Kwale (3...
The National Treasury, together with oversight institutions, will be required to conduct regular capacity-building sessions on handling project accoun...
John Mbadi explained that the Central Bank of Kenya (CBK) and the Treasury are jointly driving reforms to ensure that residents of northern Kenya, par...
The resistance follows last month’s High Court suspension of circulars issued by the Treasury and the Public Procurement Regulatory Authority (PPRA),...
The proposed committee will institutionalise a coordinated national approach to credit ratings, fostering structured, proactive engagement with credit...
According to Treasury CS John Mbadi, the government released the agreed Sh4.3 billion to universities and a further Sh2.7 billion this year.
According to the Treasury, clearing the earlier debt avoids higher interest costs in the future and spreads repayments over a longer period, providing...
MPs sought to understand how GAA ensures that the information reaches the target audience across the country, even as the agency claimed it had saved...
Justice Stella Rutto said the Ministry of Health and the Public Service Commission (PSC) must ensure that nurses performing the same roles receive equ...
Revenue for the coming financial year is projected at Sh3.58 trillion, while planned expenditure is Sh4.64 trillion, leaving a Sh1 trillion budget gap...
Tax collections alone were Sh76 billion short, with income tax contributing the largest deficit of Sh32.1 billion. Treasury also cited the withdrawal...
The PS highlighted the vital role of insurance and reinsurance in promoting financial stability and pledged government support for inclusive and innov...
CS Mbadi argued that manual procurement systems have been a major source of corruption and revenue loss.
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...
