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NAIROBI (Thomson Reuters Foundation) - A few miles from the resplendence of Kenya's Parliament House where the finance minister delivered his budget on ... annually over the last decade, but ...
an increase on last year’s 2.2% allocation. In addition, due to the devolved governance system in Kenya, further public investments in the sector will be made by county governments. The budget ...
Kenya’s national budget has expanded ... Kenyatta’s tenure saw the budget climb to KSh 3.31 trillion by 2022/23, his last year. Public debt soared from KSh 1.8 trillion in 2013 to over KSh ...
NAIROBI (Reuters) -Kenya's government will not impose new taxes or increase existing ones in this year's budget proposals, the finance minister said, after deadly protests broke out last year ...
Last week, the central bank governor said Kenya will use part of a $1.2 billion World Bank budget support loan to make a payment of roughly $500 million on a Eurobond maturing this month.
President William Ruto has said the measures are aimed at reducing Kenya’s reliance on borrowing to fund its budget. Last week, the central bank governor said Kenya will use part of a $1.2 ...
For the fourth consecutive week in September, Treasury Bills in Kenya performed poorly, with a record low performance rate of 38.8% in the last auction of 30 September 2022. This saw Central Bank of ...
One third of Kenya's 51.5 million people ... a four-trillion-shilling ($31.1-billion) budget for 2024/25, up from 3.75 trillion shillings it approved last June for the current fiscal year.
Editor’s note: In this piece, Benedict Were, a seasoned communication professional, dissects Kenya ... predicting a budget deficit of 4.3% of GDP this year, down from 4.9% last year, and ...
Once approved by the National Assembly, the Treasury prepares an Appropriation Bill for the approved budget. The implementation is overseen by The Office of Controller of Budget of Kenya.