Treasury Principal Secretary Dr Chris Kiptoo has highlighted Kenya’s growing position as a strategic diplomatic and…
Tag: Treasury
Relief for Workers Earning Below Sh50,000 Put on Hold
Planned tax relief for salaried Kenyans earning below Sh50,000 has been paused after rising fuel prices…
Development Spending Jumps to Sh262.63 Billion as State Pushes Growth
Government spending on development projects rose sharply in the first nine months of the current financial…
Treasury Turns to Local Borrowing as External Financing Delays Persist
Kenya’s Treasury has again shifted its financing strategy toward the domestic market, reducing its reliance on…
Treasury Raises Domestic Borrowing Target to Sh1.66 Trillion
The National Treasury has increased its domestic borrowing target for the financial year ending June 30…
CBK Raises Sh50.19 Billion as Strong Demand Drives Bond Sale Above Target
The Central Bank of Kenya (CBK) raised KSh50.19 billion in its April reopening of two fixed-coupon…
Rising Local Borrowing by Government Raises Pressure on Businesses and Interest Rates
Kenya’s growing reliance on local borrowing is putting pressure on interest rates and reducing access to…
Kenya Opens Search for Strategic Investor in Kenya Airways
Kenya has started the process of looking for a strategic investor in Kenya Airways (KQ), aiming…
Treasury Pulls Back on Central Bank Lifeline as Debt Payments Loom
Kenya’s Treasury has sharply scaled down its use of emergency funding from the Central Bank of…
Cash Delays Push Counties Into Survival Mode, Threatening Local Economies
Kenya’s counties are warning that delays in cash transfers from the National Treasury are starting to…