Hard truths.
Treasury Cabinet Secretary John Mbadi said the bond issue will build on a bridge financing programme worth Sh104 billion that government completed recently to help ease liquidity pressures faced by road firms....
National Treasury records indicate the country’s total public debt reached Sh12.06 trillion in September 2025. Of this, Sh6.66 trillion was sourced locally while Sh5.39 trillion came from external lenders, plac...
The payment arrangement follows advisory input from the Salaries and Remuneration Commission and weeks of pressure from university unions demanding that the government honour the negotiated terms. Staff had acc...
CS Ogamba said the council’s approved recurrent budget for the 2024/25 financial year allocated Sh5.9 billion for national assessments and examinations. Out of this, Sh3 billion was designated for the KCSE e...
Registrar of Political Parties John Cox Lorlionokou said the delay has affected the smooth running of political parties, adding that the ORPP is in constant communication with the Treasury to secure the pending...
Previously, the Treasury had issued a July 23 circular stating that only contracts processed through PPRA would be eligible for payment. This requirement was suspended by the High Court following a petition fro...
The Treasury report underscores that such dependency undermines accountability and financial efficiency, making it difficult for counties to achieve self-sufficiency through own-source revenue. Despite setting...
The office’s total allocation in the national budget was Sh3.07 billion, with Sh100 million set aside for development projects, and the rest for day-to-day operations. If the current spending trend continues, o...
The Parliamentary Budget Office (PBO), which provides technical guidance to Parliament on fiscal matters, said this shortfall highlights the need for a revised taxation approach that balances revenue growth wit...
Treasury records show the loans were drawn from multilateral, bilateral, and commercial lenders, supporting different state-funded projects. This means the government was taking on Sh23.9 billion monthly, equiv...
According to Treasury records, as of June 2024, Kenya owed TDB about $418 million (Sh54 billion) in syndicated loans scheduled to mature between September and early October 2025. The largest portion, about $314...
Mbadi said the proactive move aims to manage upcoming Eurobond maturities and prevent debt distress.