Tag: Budget

Kenya's national government spent KES 27.34 billion on travel during the 2023/24 fiscal year, according to the latest budget implementation ...

In response to the withdrawal of the Finance Bill 2024 and the need to align with a downgraded revenue forecast, ...

A supplementary budget is a financial adjustment made during the fiscal year to accommodate unforeseen or emergent expenses that were not initially ...

President William Ruto has announced substantial budget cuts totaling KES 346 billion after rejecting the Finance Bill 2024, urging the ...

Kenya's Cabinet Secretary for the National Treasury, Njuguna Ndung'u, unveiled a KES 3.99 trillion budget for the 2024/25 fiscal year, ...

Kenya will transition to accrual accounting from cash-based accounting starting July 1, marking a major overhaul aimed at improving transparency ...

The government has announced plans to significantly reduce its borrowing, setting a course towards achieving a balanced budget by 2027. ...

Prominent Kenyan economist Dr. Jim McFie has raised concerns about the government's ambitious revenue collection targets, arguing they are unrealistic ...

Kenya's economy rebounded strongly in 2023, growing at 5.6% compared to 4.8% the previous year, according to the government's latest ...

Members of National Assembly on Monday firmly rejected Senate amendments that sought to increase county governments' equitable share of revenues ...