Business
Government cuts pending bills by Sh57 billion, boosts road works
According to the latest data from the Treasury, the stock of pending bills dropped from Sh525.4 billion in September 2025 to Sh468.5 billion by the end of December.
Treasury
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Treasury orders release of pension arrears for 7,000 retirees
Treasury Cabinet Secretary John Mbadi said the decision follows extensive discussions aimed at resolving the impasse that had left thousands of retirees financially strained.
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Treasury orders submission of all Gov't bank account details by February 15
Treasury Principal Secretary Chris Kiptoo has directed all accounting officers, county finance executives, and other public entities to submit this information without delay.
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Kenya’s climate funds go untracked, audit warns
Auditor-General Nancy Gathungu’s special report highlights that the Finance ministry lacks a proper framework to monitor climate financing, leaving the nation unable to provide accurate figures on funds receive...
Business
Treasury adopts cautious stance on Kenya’s Eurobond return
Last year, Kenya tapped the Eurobond market twice to refinance maturing debt, aiming to ease short-term repayment pressures and improve the overall debt profile.
Business
Treasury forms technical group to recover Sh57 billion in unclaimed assets
The initiative aims to streamline the identification, recovery, and return of unclaimed assets, including government securities, shares, safe deposit boxes, and other dormant financial resources.
News
Counties receive Sh6.73 billion for urban development projects under KUSP II
The allocations were published in a gazette notice dated February 6, 2026, where National Treasury Cabinet Secretary John Mbadi confirmed that the financing is sourced from the International Development Associa...
Business
Treasury signals potential tax relief as government seeks stronger revenue collection
Speaking at a leadership summit for National Assembly members in Naivasha, Treasury Principal Secretary Chris Kiptoo said the proposals form part of the National Tax Policy and Medium-Term Revenue Strategy.
Business
Treasury targets over 80% local financing to reduce external debt risks
Raphael Owino, Director General of Public Debt Management at the National Treasury, said the government plans to gradually reduce reliance on Treasury bills while increasing medium and long-term securities.
News
Inua Jamii age may be lowered to 60 in new budget plans
Despite these plans, the National Assembly’s Labour and Social Protection Committee has raised concerns that some elderly citizens, orphans, vulnerable children, and persons with severe disabilities may miss th...
News
Treasury rejects remote voting plans for 2027 polls over IEBC trust
In its draft 2026 Budget Policy Statement, the Treasury highlighted that introducing systems allowing voters to cast ballots remotely could face resistance and might not gain public support under the current ci...
News
Sh11.2 billion climate resilience funds rolled out to 46 counties
The funding combines contributions from the World Bank, which is providing Sh5.7 billion through its International Development Association, KfW Germany contributing Sh1.2 billion, and Sh4.2 billion from the cou...