Migori County budget committee defends use of funds
Migori county assembly budget and appropriation committee has refuted claims that the 2021/2022 budget was misappropriated. The committee’s chairperson George Omamba said the county faced...
budget
Finance Bill 2022 to undergo first reading on Wednesday
The Finance Bill 2022 is expected to undergo first reading on Wednesday afternoon at the National Assembly. The tabling now set the stage for the...
Losers and Gainers: Proposed 10pc excise duty increase on fuel shelved
There will be reprieve at the pump after the government spared fuel from the proposed 10% excise duty increase on unnamed commodities as the government...
Tax cut not an option as Kenyans seek immediate reprieve from Yatani
The prevailing fuel crisis perhaps paints a clear picture of the tough economic times facing many Kenyans, hard-hit are low-income earners who now seek quick...
Budget: Infrastructure development received billions under Jubilee
The last ten years saw an increase in allocation towards several infrastructural projects year-on-year in a bid to spur economic growth and improve service delivery....
Eyes on Treasury budget plans to cool rising cost of living
The 2022/23 budget to be pronounced by the National Treasury Thursday is projected to top Kshs. 3.3 trillion against a backdrop of rising cost of...
Speaker Muturi clears Treasury to table budget estimates Thursday
The National Assembly Speaker Justin Muturi has given National Treasury the go-ahead to table budget estimates for the next financial year on Thursday before House...
Govt. to release Kshs. 5.9B to address ongoing drought situation
The National Treasury will disburse Kshs. 5.9 billion under the new Supplementary Budget to address ongoing drought related-challenges in various parts of the country as...
Treasury forecasts 18pc revenue jump on tax reforms
The National Treasury is predicting a 17.5% increase in revenue collection in the fiscal year 2022/23 which will be underpinned by the ongoing reforms in...
Treasury projects economy to rebound to 6.6pc next year
The National Treasury on Thursday officially started the FY2022/23 budget making process with a call on Kenyans to forward their recommendations on what should be...