National Treasury Stories
The Ouko-led committee is also mandated to establish clear criteria for verifying pending bills and identifying fraudulent claims, corruption, or fals...
Mudavadi urged the IMF team to engage various stakeholders, including officials from the national and county governments.
A report by Auditor-General Nancy Gathungu reveals that the National Treasury initiated the project in 2009 to create a critical backup for financial...
The Auditor-General also questioned why the idle funds were not invested in interest-earning accounts, estimating a missed opportunity to earn Sh21 mi...
These cuts will impact ongoing affordable housing construction, slum upgrades and the establishment of social halls for public participation.
Data from the Central Bank of Kenya (CBK) shows that domestic debt increased from Sh4.342 trillion as of September 16, 2022, to Sh6.021 trillion by Fe...
The extra allocation towards Kenya’s security mission in Haiti is expected to bolster the morale of officers deployed in the conflict-ridden nation.
Despite multiple directives to prioritise settling electricity bills, counties have continued to default, hampering Kenya Power’s efforts to recover i...
MPs have raised concerns that the government lacks full control over eCitizen, relying on a private vendor for 18 critical functions. They argue that...
The debate in Parliament will determine whether counties receive the Sh17.6 billion increase proposed by the Treasury or the Sh30 billion increase rec...
The Teachers Service Commission has been allocated Sh17 billion, making it the largest recipient of the additional funds.
Education has received the highest increase, with an extra Sh48.58 billion allocated across higher education, basic education, and vocational training...
With revenue collection falling short of expectations, Treasury's decision to review its budget projections for the 2025-2026 fiscal year reflects the...
If Kenya meets its sustainability targets, the cost of repaying the bond remains lower, while failure to do so could result in higher coupon payments.
The widening gap between revenue and spending means the fiscal deficit is expected to rise to 5.7 per cent of GDP in 2025-26.
The approval comes amid economic disruptions caused by civil protests in mid-2024, which led to the withdrawal of the Finance Bill 2024. The Bill had...
The move, which involves valuing all government assets, aims to enhance financial transparency, consolidate state liabilities, and improve the managem...
Despite the increase in payouts, the pension budget still falls short of its target by Sh28.74 billion, or 25.75 per cent.
The review follows warnings from international partners about weaknesses in Kenya's PPP approach.
Despite these changes, no expenditure cuts have been announced for the current fiscal year, raising concerns that the budget deficit could increase by...
