News
Controller of Budget: Nakuru collects more revenue, spends less on development
The county had an approved supplementary budget of Sh25.65 billion, including Sh8.83 billion for development and Sh16.81 billion for recurrent programmes.
Budget implementation
News
Nyakang’o raises alarm over budget deviations, uncontrolled Government spending
She says weaknesses in expenditure controls, revenue shortfalls and reallocations during the financial year are undermining efforts to keep government spending within approved limits
News
Sh23bn road among State projects badly delayed by funding
Controller of Budget Margaret Nyakang’o, in her latest budget implementation review report for the national government for the year ended June 30, 2026, lists a number of projects that have either stalled or fa...
News
Treasury loses access to Sh72bn after Controller of Budget rejects withdrawals
State House had the largest share of rejected requests among the institutions under the Presidency, with Sh7.3 billion denied from applications that had received Treasury approval.
News
Government travel bill rises to Sh30.69 billion despite cost-cutting pledge
Controller of Budget Margaret Nyakang’o said the total travel bill increased by Sh5.2 billion compared with the previous financial year.
News
HELB faces Sh57.65 billion funding gap as student loan demand surges
HELB has warned Parliament that Kenya’s student financing programme is likely to face a projected Sh57.65 billion deficit in FY2026/27, citing demand under the Student-Centred Funding Model that exceeds availab...
News
Ledama questions Controller of Budget over county travel expenditure
Ledama Olekina argued that the Controller of Budget's recent report on county governments' local and foreign travel expenditure risks being viewed as a distraction instead of serving as a meaningful accountabil...
News
Counties spend billions on payroll as projects worth Sh13.6bn remain unfinished
Development spending, however, remained low. Counties utilised only Sh72 billion of their planned Sh234.33 billion development allocation by March 31, 2026, translating to an absorption rate of 31 per cent.
Business
Treasury records Sh3.21 trillion in government receipts in nine months
Tax collections remained the backbone of State revenue, contributing Sh1.72 trillion, or about 54 percent of total inflows. This also reflected an increase of Sh138.2 billion from the previous year.
News
Controller of Budget warns Income Tax (Amendment) Bill 2026 may weaken revenue
In its submission to the National Assembly Departmental Committee on Finance and National Planning, the OCoB cited concerns over proposed amendments to the Eighth Schedule of the Income Tax Act (Cap. 470), whic...