National Treasury Stories
All payments are centralised through the National Treasury, with ministries submitting invoices for international obligations.
Gathungu highlighted concerns over the improper utilisation of billions in loans and recommended measures to prevent avoidable financial burdens.
As of September 30, 2024, pension payments for ordinary and commuted pensions had reached Sh58.57 billion, but only Sh24.23 billion was covered by exc...
Official data shows between January 1 and December 30, the NSE saw a staggering 34.4 per cent increase in investor wealth, translating to an additiona...
Mbadi outlined the measure in a circular to chief executives of State corporations, emphasising that defaulting entities will also be denied governmen...
China received more in debt payments than multilateral lenders, including the World Bank and the African Development Bank.
The allocation contradicts prior government claims that no taxpayer funds were being used to finance the mission in Haiti.
CS Mbadi has issued a stern warning to parastatals, revealing that some regulatory authorities have been circumventing rules by using surpluses in the...
The invitation is in line with Articles 201, 221, and 232 of the Constitution, which require public participation in financial matters.
Governance experts are concerned that the borrowing, combined with the delays, could lead to serious financial strains on the county governments.
The law mandates counties to allocate at least 30 per cent of their budgets to development expenditures.
This initiative follows the collapse of high-profile PPP deals involving Indian billionaire Gautam Adani in Kenya's road and energy sectors, amid alle...
The IMF's stance comes in the wake of public uproar over the proposed Finance Bill 2024, which many critics believed reflected the IMF’s influence.
The rising debts have placed immense pressure on the private sector, with businesses struggling to cope with unserviced bills.
Leading the list is Tana River, which achieved 81 per cent of its annual OSR target, followed by Narok at 60 per cent, Samburu at 36 per cent, Garissa...
The committee has not yet specified the exact date for PS Kiptoo's appearance, but the summons will include detailed instructions.
The CS said that taxes currently take up 8 per cent of employees' salaries, a burden that many find excessive.
The committee’s recommendation comes as a response to concerns over the long-term cost burden imposed on the government and consumers by agreements in...
The new tax would apply to bonds issued in the future, replacing the existing 25 securities listed on the Nairobi Securities Exchange (NSE) and valued...
