National Treasury Cabinet Secretary John Mbadi Stories
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...
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.
