Hard truths.
This shortfall has already left a gap of more than Sh100 billion in just two years, exposing the heavy reliance on lenders and private players who are expected to finance over 60 percent of the programme.
According to the CoB’s report on the national government’s budget implementation for the 2024/2025 financial year, several projects under the department either stalled, lacked funding, or experienced long delay...
Controller of Budget, Margaret Nyakang’o warned that delayed payments by State Corporations and government agencies are squeezing small and medium businesses that depend on timely government contracts.
Data from the Controller of Budget (CoB) shows that charges on overdue payments increased to Sh25.28 billion from Sh21.58 billion the previous year, largely driven by obligations at the Kenya Rural Roads Author...
The CoB's decision affects a wide range of devolved funds, including bursary schemes, youth and women funds, alcoholic drinks control funds, car and mortgage loan programmes for county officials, as well as eme...
The latest budget cuts were contained in the third supplementary estimates tabled by the National Treasury last Wednesday, barely a week before the financial year closes.
Even within the limited development spending, nearly Sh900 million was used to settle pending bills, raising concerns about the county’s ability to fund new projects as it continues to grapple with the country’...
