National Treasury Stories
The 12th National and County Governments Coordinating Summit has given IGRTC 14 days to finalise county bursary agreements and ordered faster CAIP fun...
Mbadi said shifting commercially viable projects to specialised entities is now necessary to reduce pressure on public finances.
The report urges the government to strengthen governance frameworks, ensure transparency, and tie public funding to measurable outcomes.
Women received 58.3 per cent of Sh56.8 billion in AGPO tenders in 2024/25, new Treasury and PPRA data shows, as total contracts rose but only 39 per c...
Treasury CS John Mbadi has defended the sharp rise in State House spending, after figures showed over 80 per cent of its Sh7.68 billion annual budget...
Kiharu MP Ndindi Nyoro has challenged the government’s plan to sell a 15% Safaricom stake to Vodacom, alleging undervaluation and lack of open bidding...
Kenya is phasing out funding for merged and dissolved state corporations by mid-2026, limiting budgets mainly to salaries as it restructures agencies...
A new law restructuring 65 State-owned enterprises in Kenya faces a court challenge, with petitioners arguing it centralises power in the National Tre...
Communities were urged to cooperate with licensed firms, but were assured they would not be moved from their land without proper payment.
The committee, in its report, called for an increase in the OAG’s annual budget to internationally recognised standards and to the constitutional mini...
According to the Treasury, the targeted agencies have roles that overlap with county governments, prompting the decision to dissolve them. Together, t...
A report by the Auditor General reveals that the money raised between 2018 and 2023 largely went to cover routine exchequer releases and debt maturiti...
In the domestic market, Treasury bonds raised Sh310.6 billion, with Treasury bills adding another Sh45 billion in new debt.
The Finance and National Planning Committee flagged the issue after Treasury documents suggested that the property, historically linked to the college...
The Treasury drew only Sh700 million from the CBK overdraft in the first three months, down from Sh1.9 billion during the same period last year.
Kenya’s budget faces mounting pressure as tax collections fall by Sh90 billion, driving a wider fiscal deficit and forcing the government to tighten s...
The proposed regulations will empower the Central Bank of Kenya (CBK) to levy heavier penalties on banks that fail to follow the Banking Act and other...
Analysts see this as a deliberate shift toward local funding, consistent with President William Ruto’s goal to reduce reliance on costly foreign loans...
Legislators expressed concern over repeated lapses in leadership and gaps in accountability, stressing the need to protect citizens’ money.
Speaking before the Public Debt and Privatisation Committee, Treasury Cabinet Secretary John Mbadi admitted that there are currently no formal rules g...
The IMF has expressed concern over the shilling’s narrow trading range, which has remained between Sh129.22 and Sh129.24 since the start of the year,...
The call follows the committee’s backing of a Delegated Legislation Committee report that recommended annulling a Public Procurement Regulatory Author...
Kitui Rural MP David Mwalika questioned whether skipping committee meetings reflects the “kind of expertise that led to his poaching from ODM”.
Under the plan, Sh2.16 billion will be paid out in the 2025-26 financial year. This will be followed by two equal instalments of Sh2.80 billion in 202...
Posta faces monthly payroll costs of Sh118 million and annual wage obligations of about Sh1.7 billion, against revenues of only Sh2.3 billion, leaving...
The funding shortfall has already affected the EACC’s core functions. Plans to recruit 200 new officers were shelved due to insufficient budgetary all...
CS Mutua disclosed that after discussions between the Ministry of Agriculture, the Kenya Sugar Board, and the National Treasury, an MoU was signed on...
Education Cabinet Secretary Julius Ogamba told the National Assembly’s Education Committee that KNEC’s approved budget for the 2024/25 financial year...
The committee is now urging the National Treasury to enforce strict measures, including performance-based benchmarks and readiness checks before appro...
While the sector’s share of total tax receipts slightly declined from 8.78 per cent in 2023, it remains a substantial contribution given that it origi...
