National Treasury Stories
The legislators endorsed a report that lowers the Consolidated Fund Services (CFS) budget by Sh295.28 billion and gave the Treasury 60 days to publish...
The delays come as the government struggles with a growing pension payout backlog, with the Treasury now under pressure to release Sh57.24 billion in...
At present, most county assemblies do not receive funds directly from the National Treasury. Instead, they depend on governors and county finance depa...
The National Treasury has included the funds in a broader Sh894.9 million renovation plan covering the President’s official residence and several stat...
The National Treasury has now revised the allocation down to Sh632.3 million from Sh702.3 million, just days before the end of the financial year.
Treasury Cabinet Secretary John Mbadi says the government collected Sh2.2 trillion against a target of Sh2.5 trillion, resulting in a revenue gap of S...
The Finance and National Planning Committee told Parliament that retaining the 17.5 per cent levy was crucial in shielding local firms that produce si...
During a sitting on Monday, June 16, Mandera Senator Ali Roba had proposed a compromise figure of Sh435 billion, highlighting the importance of matchi...
The 6.91 per cent decline marks the first such drop in this window since the Covid-19 era, four years ago.
The National Assembly’s Finance and Planning Committee has rejected the proposal to shift seven essential items from zero-rated to VAT-exempt, arguing...
This allocation is part of a wider emergency package totalling Sh50.9 billion that was approved by the Treasury for various ministries and State depar...
This mirrors last year’s situation, when counties missed out on Sh30 billion by the June 30 deadline, only receiving funds too late for meaningful pro...
The MPs made it clear that they expect the incentive to be given sufficient time to bear fruit, particularly once economic conditions stabilise.
Pension obligations are part of non-discretionary government spending that must be settled without delay, but Treasury cash flow issues have continued...
National Treasury is now banking on the older law and the reactivated Privatisation Commission to raise Sh149 billion in the 2025/26 financial year.
Between July 2024 and March 2025, the government spent Sh2.97 billion on salaries to state officers, a rise from Sh2.49 billion spent in a similar per...
Council Chairperson and Wajir Governor Ahmed Abdullahi said county leaders are considering skipping future discussions if the allocation trend continu...
Kenya’s rollout of the system comes amid growing pressure for better public scrutiny of national debt, with many questioning the high cost of loans an...
Athletics Integrity United has revealed that over 100 Kenyan athletes are currently serving doping bans, a worrying trend for a country celebrated for...
Data by the Central Bank of Kenya shows that Kisumu borrowed Sh1.68 billion from Kenya Commercial Bank (KCB) to support operations and pay salaries.
Treasury Cabinet Secretary John Mbadi on Thursday said the government has embraced PPPs to build roads, dams, electricity transmission lines and other...
The NIS, for example, has been accorded Sh14 billion less than its boss, Noordi Haji, urged Parliament to approve last month.
To prepare for the rollout, the National Treasury has been conducting training sessions for end-users and suppliers.
Mbadi underscored the government’s unwavering commitment to addressing the country’s housing deficit and improving urban infrastructure.
One of the key proposals is to expand the scope of agency notices to include non-resident persons, allowing the commissioner to recover unpaid taxes f...
The digital superhighway, a flagship pillar under the Bottom-Up Economic Transformation Agenda, aims to foster inclusive economic growth by expanding...
The project entails establishing 10 BRT stations, deploying 100 buses, and constructing dedicated bus lanes with short 90-second headways, designed to...
The increased funding is expected to strengthen the legislative functions of Parliament and enhance its oversight role in national affairs.
The total health budget has increased to Sh138 billion for the 2025/2026 fiscal year, up from Sh123 billion—a reversal of three consecutive years of b...
