Treasury Stories
The latest national budget review report by the Office of the Controller of Budget reveals that as of June 30, 2025, Kenya’s total public debt stood a...
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...
Treasury Cabinet Secretary John Mbadi emphasised that no public office will be allowed to buy goods or services outside the e-GP system, which he says...
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 e-procurement initiative seeks to digitise and standardise tender processes, including advertisements, submissions, evaluations, and aw...
The e-GP rollout, launched last month, requires all county and national budgets to be uploaded before procurement can proceed.
It argued that the lack of transparency has raised fears over the future of thousands of workers, since there is no clear assurance that jobs will be...
The Treasury’s draft Public Finance Management (Integrated County Revenue Management System) Regulations, 2025, aim to create a national digital platf...
Treasury Cabinet Secretary John Mbadi highlighted that Kenya’s limited fiscal space requires a shift from fully government-funded projects to innovati...
Treasury Cabinet Secretary John Mbadi said the government is seeking a cheaper facility to replace the existing loan and extend repayment terms.
The move is aimed at eliminating ghost workers and bringing sanity to county wage bills, which have been consuming unsustainable portions of revenues.
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...
Mbadi explained that the government requires an estimated Sh560 billion annually to develop and maintain our infrastructure. Despite this need, it cur...
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...
The Senate Standing Committee on Labour and Social Welfare on Monday expressed frustration, accusing CS Mbadi of being evasive and undermining Parliam...
