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Counties to share Ksh.370B in 2021/22 financial year as Senators approve division of revenue bill
By Sam Ogina, 1417, April 14, 2021 (EAT)
The Senate has passed the Division of Revenue Bill where county governments are to receive Ksh.370 billion for the 2021/2022 financial year. County...

2021/2022 financial year , Division of Revenue , senate
Kenya in talks for Ksh.82 billion World Bank loan
By Kepha Muiruri, 1401, April 8, 2021 (EAT)
The National Treasury is in talks for the disbursement of a fresh Ksh.82 billion ($750 million) from the World Bank before the end of June. The fac...

CS Ukur Yatani , National Treasury , World Bank
Treasury’s headache after Parliament cuts down local borrowing
By Kepha Muiruri, 1553, March 9, 2021 (EAT)
The National Treasury is facing a migraine after Members of Parliament approved proposals limiting its reliance on domestic borrowing. The proposal...

CS Yatani , domestic borrowing , Kenya's debt distress , National Treasury
Kenya’s credit rating downgraded on debt woes
By Kepha Muiruri, 1443, March 8, 2021 (EAT)
Kenya has earned yet another ratings downgrade over its rising debt vulnerabilities with the Standards & Poor's (S&P) lowering the country’s...

credit rating , Kenya's debt distress , National Treasury , Standards and Poor's
Treasury on the spot over zero funding for vaccines
By Kepha Muiruri, 1311, March 6, 2021 (EAT)
The National Treasury has come under fi re for the non-allocation of resources for the procurement of COVID-19 vaccines in the financial year commenci...

2021/22 , COVID-19 , National Treasury , vaccines
January tax receipts down 6pc at Ksh.111.3B
By Kepha Muiruri, 1543, February 19, 2021 (EAT)
Tax receipts across the month of January fell by six per cent to stand at Ksh.111.3 billion from Ksh.118.3 billion last year. This is according to ...

Kenya Revenue Authority (KRA) , National Treasury , taxes
Inside gov’t Ksh3.5 trillion 2021/22 spending plan
By Kepha Muiruri, 1607, February 15, 2021 (EAT)
Kenya’s 2021/22 budget is expected to top Ksh.3.5 trillion with National Treasury divulging details to the spending plans in the 2021 Budget Policy ...

2021/22 budget , Kenya debt , National Treasury
DP Ruto: County gov’ts to get additional Ksh.53.5B
By DPPS, 1442, February 10, 2021 (EAT)
County Governments will be allocated an additional Ksh53.5 billion in the 2021/2022 financial year, the Intergovernmental Budget and Economic Council ...

D.P William Ruto
Kenya seeks Ksh.154B World Bank, IMF loans
By Kepha Muiruri, 1805, January 27, 2021 (EAT)
Kenya is hoping to raise Ksh.154 billion in debt from the World Bank and the International Monetary Fund (IMF) before the end of June this year. Th...

International Monetary Fund (IMF) , Kenya debt , World Bank
Kenya lowers 2020 growth projection, sees rebound next year
By Reuters, 1251, November 26, 2020 (EAT)
Kenya has lowered this year’s economic growth projection because the first half turned out worse than expected, but growth is expected to rebound in...

coronavirus
Uhuru promises to increase counties’ budget by Ksh.50B ‘depending on economic performance’
By PSCU, 1437, September 15, 2020 (EAT)
President Uhuru Kenyatta on Tuesday at State House, Nairobi convened a leaders meeting to discuss the County revenue sharing stalemate at the Senate. ...

Revenue Sharing Formulae , Uhuru kenyatta
Treasury warns of painful cuts to Ministry budgets
By Kepha Muiruri, 1940, September 12, 2019 (EAT)
The National Treasury has urged Ministries and State Departments (MDAs) to brace for painful budget cuts as the budget making process for the 2020/21 ...

2020/2021 budget , National Treasury , recurrent expenditure
Rotich to table Ksh.3T budget amidst discontent over Kenya’s growing debt
By Kepha Muiruri, 1438, June 13, 2019 (EAT)
Treasury CS Henry Rotich is expected to table the State’s Ksh.3.02trillion budget projections on Thursday afternoon. He will be bringing the gove...

budget , Henry Rotich , National Treasury
Expectation versus Reality defines tug of war pitting Counties and Treasury
By Kepha Muiruri, 2005, April 23, 2019 (EAT)
The Council of Governors (COG) on Tuesday rejected the revised allocation of revenue to the devolved units by the National Treasury which now stands c...

budget policy statement , Council of Governors , CRA , Genghis Capital , National Treasury
Agri-based players lobby for greater budgetary allocations
By Kepha Muiruri, 920, February 7, 2019 (EAT)
Players drawn from the wider agricultural sector have urged parliament to increase its revenue allocation to the crucial economic segment as a share o...

Christine Kakuu , Consumer Unit & Trust Society (CUTS) , Daniel Okendo , Institute of Economic Affairs (IEA) , Kenya Small-Scale Farmers Forum , Malabo Declaration