Treasury

CS Mbadi Defends Government Fiscal Position

Kenya's Treasury is yet to release Ksh. 33 billion to NG-CDF with only two months remaining to the end of…

1 year ago

CS Mbadi Urges Government to Abolish Devolution, Says it’s Unsustainable

Treasury Cabinet Secretary John Mbadi has urged the government to review the devolved system saying that the 47 counties are…

1 year ago

Controller of Budget Raises Questions on SHIF Fund Management

Nairobi – National Treasury Cabinet Secretary John Mbadi has confirmed that the Social Health Insurance Fund (SHIF) and the Housing…

1 year ago

8 Commercial Banks Compel Treasury to Pay Ksh.19.3 Loan Defaulted by Kenya Airways

Eight commercial banks have compelled the Treasury to settle a Ksh 19.3 billion (US$149.9 million) defaulted loan on behalf of…

1 year ago

Treasury Confirms Looming Debt Crisis Due to Fiscal Deficits

Treasury CS John Mbadi has confirmed a looming debt crisis brought by fiscal deficits resulting from continuous borrowing by the…

1 year ago

Treasury Allocates Ksh4.46 Billion More to State House Budget

The government has increased the State House budget by Ksh3.81 billion in the latest Supplementary Budget II for the 2024/25…

1 year ago

Treasury & CBK Disagree Over New Bond Trading Platform EABX

Kenya's Treasury and the Central Bank of Kenya (CBK) disagree over the newly established bond trading platform, the East African…

1 year ago

Treasury Wants Crypto Firms in Kenya to Appoint Local CEOs

The National Treasury proposes Virtual Asset Service Providers Bill, 2025, which would see crypto companies operating in Kenya establishing physical…

1 year ago

CS Treasury John Mbadi Encourages Banks to Lower Lending Rates

Cabinet Secretary for Treasury John Mbadi has been impressed by milestones made on Kenya's financial landscape, saying it is making…

1 year ago

MPs Accuse Treasury of Stalling Critical National Development Projects

Nairobi, September 4, 2024 — Members of the National Assembly's Trade Committee have accused the Treasury Ministry, now led by…

2 years ago