National Treasury Stories
With Gulf Energy now in charge and the government laying down groundwork for field development plan approval, the project appears to be gaining fresh...
The PPP-ITF proposal focuses on pooling long-term domestic capital from institutional investors such as pension funds and insurance companies. This fu...
Treasury officials highlighted the 64 per cent participation rate in the tender and the upsized bond issue as signs of growing confidence in Kenya’s e...
As the verification process nears completion, contractors eagerly await the outcome, hoping that their claims will be validated and payments will be p...
The National Treasury has allocated a total of Sh1.93 billion in recurrent expenditure to the Registrar's office, up from Sh1.72 billion in the curren...
The borrowing was made possible by the Treasury's failure to submit revenue estimates to the National Assembly alongside expenditure estimates for the...
Mbadi said the Constitution only limits the number of Cabinet Secretaries, not advisors, and that the president is fully within his rights.
The budget documents tabled in Parliament by Treasury Cabinet Secretary John Mbadi show that statutory deductions from employee pay slips will increas...
Budget and Appropriations Committee Chairperson Samuel Atandi has said there is growing consensus in the National Assembly that the authority to issue...
The move comes barely a year after similar proposals in the Finance Bill, 2024 were dropped following fierce resistance from the public and civil righ...
Dr Abraham Rugo, the executive director of Bajeti Hub, expressed scepticism about the novelty of the IMF's findings, suggesting that much of the infor...
The Sh15.1 billion released on Tuesday went to 22 counties where Nakuru received the highest share at Sh1.61 billion, followed by Turkana with Sh1.12...
The audit reveals that these cancellations, which largely took place towards the end of the financial year in June 2024, are partly due to delayed dis...
The group argues that the Budget Policy Statement (BPS) dated February 12, 2025, lacks transparency and fails to demonstrate good faith regarding how...
The National Assembly suggested allocating Sh25.3 billion, while the Senate pushed for the full Sh50.5 billion. Governors and the Senate support direc...
The project will increase the university’s student housing capacity through the development of a new 2,000-bed hostel at the main campus and two 1,000...
According to the Auditor General, Nancy Gathungu, construction began in February 2013, with the initial completion date set for March 3, 2016. But due...
The legislation, which came into effect on December 27, 2024, lacked a transitional clause to shield businesses that had already been granted the exem...
The E-GP system, launched on Monday, is designed to automate and streamline public procurement processes. It enables government agencies to handle pro...
The CS pointed to the misuse of short-term loans to fund long-term projects as one of the key mistakes that plunged the country into its current econo...
The Employment Act, 2007 bars employers from deducting more than two-thirds of an employee’s basic salary.
The Exchequer therefore noted that suppliers, contractors, and consultants should self-register on the e-GP portal.
CBK data shows Kenya's public debt hit Sh10.027 trillion in the last week of June 2023, effectively breaching the then statutory debt ceiling which wa...
Mbadi said the claim that the National Treasury was diverting funds was completely out of tune with the normal budgetary process.
The current Parliament has conducted hearings in 34 counties over the past two financial years, with 18 counties included in one year and 16 in anothe...
Kenya’s debt-to-GDP ratio stood at 65.7 per cent as of June 2024—well above the 55 per cent sustainability threshold.
KRA’s liabilities related to employee salaries, contracted services, and operational costs reached Sh4.06 billion by the end of June 2024.
Between July and December 2024, counties spent Sh103.2 billion out of Sh184.8 billion to pay workers.
The revelation has sparked fresh debate on the government’s budgetary practices, with MPs calling for stricter measures to prevent the misuse of publi...
