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National Treasury

SGR loan repayments leave Sh27b dent in forex reserves

FX reserves declined to Sh918.8 billion by the end of Friday from Sh942.9 billion after Treasury paid the part of the loan for the modern rail.

By Dominic Omondi 12 days ago

SGR loan repayments leave Sh27b dent in forex reserves

Aden Duale blames Treasury, CBK for dollar shortage

Aden Duale blames Treasury, CBK for dollar shortage

By Dominic Omondi 15 days ago

Kenya to borrow Sh130b from banks after dropping Eurobond

Kenya to borrow Sh130b from banks after dropping Eurobond

By Dominic Omondi 18 days ago

Accounts of four Treasury staff frozen in Sh177m fraud probe

Accounts of four Treasury staff frozen in Sh177m fraud probe

By Paul Ogemba 18 days ago

Governors demand Sh46b from Yatani for last fiscal year

CoG Finance, Planning, and Economic Affairs Committee chairman Ndiritu Muriithi said the devolved units had expected to receive the money in the last fiscal year.

By Ndungu Gachane 1 month ago

Governors demand Sh46b from Yatani for last fiscal year

Accountant on the spot for 'paying self Sh36m'

The EACC said it received information regarding embezzlement of public funds.

By Paul Ogemba 1 month ago

Accountant on the spot for 'paying self Sh36m'

State cuts pending bills to suppliers and contractors

Pending bills stood at Sh307.8 billion in March last year and have been rising over time to hit Sh423.2 billion in September, before swelling to Sh467.7 billion in December.

By Patrick Alushula 1 month ago

State cuts pending bills to suppliers and contractors

CoG threatens to sue over delayed disbursement of additional funds

They said the National Treasury had withheld about Sh100 billion in monthly disbursements from January.

By Winfrey Owino 1 month ago

CoG threatens to sue over delayed disbursement of additional funds

Kenyans move cash into dollar accounts as firms feel shortage

National Treasury blames manufacturers for the artificial shortage of dollars in the foreign exchange market following their public comments.

By Dominic Omondi 1 month ago

Kenyans move cash into dollar accounts as firms feel shortage

MPs approve Treasury's proposal to raise debt ceiling to Sh10 trillion

Ukur Yatani had proposed to shift the debt ceiling to an anchor of 55 per cent of the Gross Domestic Product (GDP) in net present value terms.

By Grace Ng'ang'a 2 months ago

MPs approve Treasury's proposal to raise debt ceiling to Sh10 trillion

We need to hold candid discussion on public debt

MPs have an opportunity to fix this debate once and for all, at least for the sake of the next administration.

By Editorial 2 months ago

We need to hold candid discussion on public debt

MPs rejection of Finance Bill good, but let's explore ways of reducing debt

A fruitful debate on reducing the public debt will lead to an honest conversation on the development of a national tax policy.

By Ken Gichinga 2 months ago

MPs rejection of Finance Bill good, but let's explore ways of reducing debt

Treasury raises debt ceiling to Sh10 trillion

Treasury Cabinet Secretary Ukur Yatani raised the debt ceiling from the current Sh9 trillion, even as the government inched to breaching this limit.

By Dominic Omondi 2 months ago

Treasury raises debt ceiling to Sh10 trillion

President Uhuru's office gets Sh4.4b more as Ukur Yatani breaks law

The new allocations breach the legal budget limit by Sh204 billion. The government spent Sh260 million for former President Mwai Kibaki's burial.

By Dominic Omondi 2 months ago

President Uhuru's office gets Sh4.4b more as Ukur Yatani breaks law

Why Kenya might not issue another Eurobond

Significant reduction in the flow of money from outside is mainly attributed to central banks in advanced economies raising interest rates to slow down inflation.

By Dominic Omondi 2 months ago

Why Kenya might not issue another Eurobond

New tax move to drive illegal trade, lobbies warn Treasury

Manufacturers say proposals in Finance Bill could end up benefiting the black market.

By Macharia Kamau 2 months ago

New tax move to drive illegal trade, lobbies warn Treasury

Kenya taps Sh28 billion loan facility from IMF

The International Monetary Fund (IMF) will soon disburse another Sh28.2 billion to the National Treasury to help the country recover from the ravages of the Covid-19 pandemic.

By Dominic Omondi 3 months ago

Kenya taps Sh28 billion loan facility from IMF

Kenya taps Sh28 billion loan facility from IMF

The International Monetary Fund (IMF) will soon disburse another Sh28.2 billion to the National Treasury to help the country recover from the ravages of the Covid-19 pandemic.

By Dominic Omondi 3 months ago

Kenya taps Sh28 billion loan facility from IMF

Treasury in trouble for Sh165b backdated expenditure

The National Treasury is on the spot for flouting public finance regulations.

By Frankline Sunday 3 months ago

Treasury in trouble for Sh165b backdated expenditure

Treasury cuts red tape in fresh bid to tap PPPs

National Treasury reckons it may have figured out what has kept private firms away from pumping billions of shillings into infrastructure projects.

By Macharia Kamau 3 months ago

Treasury cuts red tape in fresh bid to tap PPPs

Yatani faulted for leaving out Sh4.5bn teacher training funds

Ukur Yatani did not indicate whether the increment would factor in Teachers Professional Development (TPD) training costs.

By Augustine Oduor and James Wanzala 3 months ago

Yatani faulted for leaving out Sh4.5bn teacher training funds

How President Uhuru Kenyatta's moneymen balanced books

This is Yatani’s third, and perhaps, last Budget statement since he replaced Rotich. In his statements from June 2020, Yatani’s budgets included borrowing of Sh3.6 trillion.

By Dominic Omondi 3 months ago

How President Uhuru Kenyatta's moneymen balanced books

Yatani delivers safe exit Budget for Uhuru, avoids major tax measures

National Treasury CS Ukur Yatani yesterday presented a Budget that tried to avoid antagonising an already enraged public grappling with high cost of living

By Dominic Omondi 4 months ago

Yatani delivers safe exit Budget for Uhuru, avoids major tax measures

Projects under Big Four Agenda get Sh147 billion

Projects being implemented under the Big Four Agenda will get a shot in the arm after the National Treasury set aside Sh147b.

By Macharia Kamau 4 months ago

Projects under Big Four Agenda get Sh147 billion

VIDEO: Protester arrested outside Treasury an hour to Budget speech

He was protesting the high cost of living, but resisted arrest when the law caught up with him.

By Mate Tongola 4 months ago

VIDEO: Protester arrested outside Treasury an hour to Budget speech

Lest we forget: Last year’s (2021/22) budget highlights

On the afternoon of June 10, 2021, Treasury CS Ukur Yatani unveiled a Sh3.6 trillion budget to a nation crippled by the coronavirus pandemic.

By Patrick Vidija 4 months ago

Lest we forget: Last year’s (2021/22) budget highlights

We're depending on overdrafts to run, says Meru Deputy Governor Ntuciu

The county government is struggling due to delays in disbursement of funds by the National Treasury, Deputy Governor Titus Ntuciu has said.

By Phares Mutembei 4 months ago

We're depending on overdrafts to run, says Meru Deputy Governor Ntuciu

Council of Governors seeks release of Sh148b funds held by Treasury

County governments have raised the alarm over continuous delay in disbursement of funds by the National Treasury.

By Renee Were 4 months ago

Council of Governors seeks release of Sh148b funds held by Treasury

Treasury prepares to sink billions into elusive Big 4 projects

Treasury is again planning to spend heavily on Uhuru Kenyatta’s legacy projects.

By Macharia Kamau 4 months ago

Treasury prepares to sink billions into elusive Big 4 projects

We need to have an honest conversation on the state of the economy

Prices of basic commodities have spiked, pushing up the cost of living beyond the reach of millions of ordinary Kenyans.

By Godfrey Ombogo 4 months ago

We need to have an honest conversation on the state of the economy

Treasury yet to release Sh100 billion to counties

Counties are broke as the National Treasury withholds about Sh100 billion in monthly disbursements due from January.

By Wainaina Ndung’u 4 months ago

Treasury yet to release Sh100 billion to counties

Treasury in a spot for 'unlawful' expenditure

Lawmakers have questioned the National Treasury’s decision to spend money on projects without seeking Parliament’s approval.

By Brian Otieno 4 months ago

Treasury in a spot for 'unlawful' expenditure

Nairobi County Assembly on the spot over Sh14.4m unaccounted for pending bills

The report revealed that the assembly only availed supporting documents for transactions totalling Sh18 million for the special audit review.

By Josphat Thiong’o 5 months ago

Nairobi County Assembly on the spot over Sh14.4m unaccounted for pending bills

Judiciary eyes additional Sh5b in the next Budget

Chief Registrar in letter to Treasury seeking Sh39 billion allocation cites need to address backlog of cases and election-related expenses.

By Frankline Sunday 5 months ago

Judiciary eyes additional Sh5b in the next Budget

Governors write to Treasury CS Ukur Yatani seeking Sh72.7b

Wambora says delay in disbursement has affected the devolved units’ capacity to complete development projects

By Mireri Junior 5 months ago

Governors write to Treasury CS Ukur Yatani seeking Sh72.7b

KBC incurs Sh200m legal fees as 13-year case drags on

Kenya Broadcasting Corporation will pay Sh200 million in legal fees for the 2021-22 financial year following a 13-year dispute.

By Frankline Sunday 6 months ago

KBC incurs Sh200m legal fees as 13-year case drags on

Universities need State bailout to survive, Auditor General warns

The latest report indicates that Moi, Egerton and Kenyatta universities reported Sh1.7, Sh1.3 and Sh2.1 billion respectively in deficits.

By Frankline Sunday 6 months ago

Universities need State bailout to survive, Auditor General warns

Treasury to borrow additional Sh70b to rescue ailing firms

The National Treasury will borrow Sh70 billion more to bail out ailing parastatals, including Kenya Airways and Kenya Power.

By Dominic Omondi 6 months ago

Treasury to borrow additional Sh70b to rescue ailing firms

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