National Treasury Stories
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 Treasury’s decision comes amid growing pressure from international lenders and a national call for accountability in the use of public resources....
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.
Governors are demanding at least Sh536 billion for the 2025–26 financial year, saying anything less will cripple service delivery and violate the prin...
Under Ruto’s tenure alone, State House and various lodges have already spent at least Sh4.5 billion, with more funding expected in the coming financia...
The budget documents tabled in Parliament by Treasury Cabinet Secretary John Mbadi show that statutory deductions from employee pay slips will increas...
The total projected cost of extending the SGR from Naivasha to Kisumu is Sh380 billion, while the final section from Kisumu to Malaba, which borders U...
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...
Addressing education stakeholders, Ogamba attributed the delay to competition for limited government resources but confirmed that the Treasury had com...
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...
Though new discussions with the global lender have been initiated, the Treasury has opted not to include IMF assistance in the coming year’s fiscal pl...
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...
While admitting that Kenya has encountered fiscal challenges, the CS maintained that the nation’s debt position remains sustainable.
He explained that January, February, and March are the most challenging financial months, highlighting the heavy financial commitments the Treasury fa...
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...
According to CBK, this was made possible by strong investor interest in long-term government bonds and a well-supplied money market.
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.
