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National Treasury

Treasury mulls ways to cut risk of debt distress

National Treasury has put in place plans to reduce Kenya’s risk of debt distress from high to moderate within the […]

Mwathi decries delay in release of Sh1.5b social welfare funds

The Parliamentary Labour and Social Welfare committee has raised alarm over what it called ‘unexplained’ delay of the release of […]

Yatani defends merger of State-backed funds to establish Sh14b kitty

CREDIT:  National Treasury has defended the merger of Uwezo Fund, Women Enterprise Fund and Youth Enterprise Fund into a single […]

Customer alert as KDIC lists banks with insured deposits

Kenya Deposit Insurance Corporation  (KDIC) has published a list of banks and deposit-taking microfinance institutions whose customer deposits are insured […]

Treasury petitioned to reintroduce uniform cigarette excise tax

Steve Umidha @UmidhaSteve National Treasury has been asked to re-introduce a uniform specific tax rate for all cigarettes to gain more […]

Development projects stall after CDF coffers dry

Most projects in the constituencies have stalled after the National Treasury failed to release allocations in the current financial year, […]

State to defer domestic debt interest payments to free cash for recovery

PANDEMIC: Kenya will defer interest payments on government securities to free cash to address socio-economic challenges brought about by the […]

Treasury in talks with IMF on Sh230b lending facility

John Otini and Reuters Kenya is discussing a $2.3 billion (Sh230 billion) lending programme with International Monetary Fund (IMF) for budgetary […]

Let’s learn to live within our means

National Treasury must keenly watch and address its twin challenges of a surging public debt and reduced government tax revenue, […]

Moody’s warns of crisis as virus delays Kenya’s plan to slash public debt

BORROWING: The coronavirus pandemic will delay Kenya’s plan to cut borrowing while public debt will hit 70 per cent of […]