Tag: National Treasury


MISLEADING: National Treasury Has Not Warned Of Looming Financial Crišis

A tweet by KTN News claiming that the National Treasury has warned of an impending financial disáster was misleading. The tweet, which was posted...

From CBK, Another Fat Dividend Cheque For Gov’t

The latest payout adds to the Ksh5 billion the National Treasury received seven months ago from the banking sector regulator, bringing the total this year to Ksh10.5 billion from CBK’s General Reserve Fund (GRF).

Kenya Raises Ksh108 Billion in Fresh Eurobond, Eyes More Debt

The bond was over-subscribed with over Ksh582 billion (USD 5.4 billion) offered by investors. The raise followed a 3-day virtual Eurobond roadshow where Kenya's delegation included Treasury Cabinet Secretary Ukur Yattani and Central Bank of Kenya (CBK) Governor Patrick Njoroge.

Kenya Secures Ksh262 Billion IMF Package for Covid-19 Recovery

The IMF expounded in its statement that the decision to pause fiscal adjustment this year would allow accommodating health, social, and development spending to support the recovery, complemented by accommodating monetary policy.

Higher Taxes Pile on Kenyans’ 2021 Woes as Govt Plots Ksh3 Trillion Budget

Taxpayers are expected to dig deeper into their pockets to fund the exchequer.

Govt Introduces New Salary Deduction in Post-Covid Recovery Plan

One per cent will be deducted from the remuneration paid to the employee while the other one per cent will be matched by the employer.

World Bank Thinks You’re Less Poorer Than 4 Years Ago

The institution also poured cold water on Kenya’s ambitious budget projections

Yattani Seeks to Chop Off Sh43b in Budget Review

Medium Term Fiscal Framework (MTFF) for the FY 2019/20 emphasises on efficiency and effectiveness of public spending and improving revenue collection to ensure the debt position remains sustainable

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