County governments to receive Ksh.316.5B in 2020/2021 financial year

By DPPS,

County Governments will receive Ksh.316.5 billion in the coming financial year, the Intergovernmental Budget and Economic Council (IBEC) meeting chair...

budget , DP William Ruto , IBEC , Karen residence

Despite tough talk, Gov’t yet to deliver on planned austerity measures

By Kepha Muiruri,

Despite talking tough on implementing far reaching budget cuts, the government has found it tough going to sustain the austerity walk as doubts on fis...

austerity , fiscal consolidation , National Treasury

Uhuru meets PM Boris Johnson for talks on trade, fight against terrorism

By PSCU,

President Uhuru Kenyatta held talks with British Prime Minister Boris Johnson focused on scaling up the robust ties between Kenya and the UK. Durin...

Boris Johnson , Uhuru kenyatta

Treasury admits to intangible economic growth returns to Kenyans

By Kepha Muiruri,

The National Treasury has admitted to lack-lustre economic growth by conceding to Kenyans' feelings of intangible growth in recent years. According...

CS Ukur Yatani , GDP , National Treasury

Full list: Uhuru’s new appointments to Cabinet, reshuffle

By Citizen Reporter,

This is the full list of the Cabinet reshuffle and new appointments as announced by President Uhuru Kenyatta on Tuesday: Cabinet Secretary nominati...

Kiunjuri out! President Uhuru Kenyatta reshuffles Cabinet

By Citizen Reporter,

Mwangi Kiunjuri has been dropped as Agriculture Cabinet Secretary. President Uhuru Kenyatta announced the new raft of changes on Tuesday morning. ...

kiunjuri

2019 Review: Treasury gets free pass on new borrowing

By Kepha Muiruri,

In a complete mirror opposite to his predecessor, Acting National Treasury CS Ukur Yatani threw in the towel on Kenya’s debt sustainability claims. ...

CS Ukur Yatani , Kenya's debt , National Treasury , PFM Act

Uhuru orders all Cabinet Secretaries not to go on holiday over pending bills

By Faizal Ahmed,

President Uhuru Kenyatta, in his last cabinet meeting this year, ordered all Cabinet Secretaries and their Principal Secretaries not to proceed on hol...

CS Ukur Yatani , pending bills , President Uhuru Kenyatta , smes

Yatani ordered to immediately disburse revenue due to 35 counties

By Dzuya Walter,

National Treasury acting CS Ukur Yatani and the Controller of Budget have been ordered to immediately disburse the equitable share of revenue for 35 c...

Yatani

Showdown looms as Yatani freezes revenue for 17 counties

By Kepha Muiruri,

Acting Treasury CS Ukur Yatani has set himself for a new showdown with 17 counties after the freeze of equitable share transfers over inaction on the ...

Ukur Yatani

Uhuru approves supplementary Ksh.73.4 billion budget

By Kepha Muiruri,

President Uhuru Kenyatta has signed into law the Supplementary Appropriation Bill (No.2) of 2019 paving way for the release of Ksh.73.4 billion from t...

National Treasury , supplementary budget I 2019/20 , Uhuru kenyatta

Nairobi in the red: Treasury threatens to stop allocations

By Citizen Reporter,

The National Treasury has threatened to stop transfer of funds to 15 counties over delays in settling pending bills. Nairobi County leads the count...

Parliament slashes supplementary budget, seals Ksh.37B deficit

By Kepha Muiruri,

The Parliamentary Budget and Appropriations Committee has sealed a Ksh.37 billion hole in the first proposed supplementary budget following amendments...

Budget and Appropriations Committee , National Treasury , supplementary budget I 2019/20

MPs wants special forensic audit on Huduma Namba

By Dennis Otieno,

Parliament wants a special forensic audit on the Integrated Identity Management System popularly known as Huduma Namba. This is part of the recomme...

Budget and Appropriation Committee , Huduma Namba

The Ksh.92B hole in Kenya’s budget that Treasury will not tell you about

By Kepha Muiruri,

Hidden away in the proposed first supplementary to the 2019/20 approved budget estimates is a Ksh.92.1 billion financing hole whose funding is yet to ...

National Treasury , Public debt , supplementary budget I 2019/20 , Ukur Yatani

Gov’t burdens economy with Ksh.201 billion pending bills

By Kepha Muiruri,

The government has seemingly failed in its role as an enabler of growth in the economy as it saddles businesses with Ksh.201.2 billion in unpaid dues....

Kenyan economy , National Treasury , NPLs , pending bills

Kamar appointed to State parastatal Board as Yatani gets two posts

By Citizen Reporter,

Uasin Gishu Senator Margaret Kamar is among three appointees to the Board of National Fund for Disabled of Kenya. In a gazette notice dated Novembe...

kamar , Yatani

Treasury raids Parliament, Judiciary allocations in 2019/2020 budget alignment

By Kepha Muiruri,

The National Treasury has proposed severe cuts to spending by Parliament and the Judiciary in its re-alignment of government spending for the current ...

National Treasury , supplementary budget I 2019/20 , Ukur Yatani

Major traffic in Nairobi as ICPD hosts over 6,000 world leaders

By Citizen Reporter,

Nairobi will this week be hosting 6,000 world leaders for the International Conference on Population and Development (ICPD). Ambassador Macharia Ka...

ICPD25

Senate votes to raise Kenya’s debt ceiling to Ksh.9 trillion

By Kepha Muiruri,

Senators have this afternoon approved of the adjustment of the National Assembly-backed revised borrowing ceiling to Ksh.9 trillion. The approval b...

National Treasury , Public debt , senate