National Treasury Stories
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...
Rarieda MP Otiende Amollo noted that recommendations to fix the system were made as early as 2017, but Treasury has failed to act.
In the financial year ending June 2025, the government spent Sh207.19 billion on pension and gratuities, representing a steep 39 per cent jump from th...
The ministers insist that without adequate funding, Africa will remain vulnerable to food shortages, environmental stress, and economic instability.
Chief Registrar Winfridah Mokaya revealed that the Judiciary received Sh22.42 billion in the 2023/2024 financial year against a required Sh43.17 bill...
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.
Those arrested include two Senior Pensions Officers, Henry Odhaimbo Otira and Catherine Muthoni Murage, Chief Clerical Officer Byrson Mark, and Wilken...
While county leaders have raised concerns over losing financial independence, senators proposed a hybrid system, where the Treasury can monitor balanc...
In a letter sent to all PSs, Treasury Principal Secretary Chris Kiptoo instructed that consolidated audit reports, supported by all necessary document...
Appearing before the committee during an oversight visit to the agency’s headquarters in Nairobi, UF acting CEO Edwin Wanyonyi revealed that the agenc...
