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Budget Policy Statement BPS
Latest Article 18 Sep 2023
Budgetary process: Exploring the role and effectiveness of Sector Working Groups
Prof. Njuguna Ndung’u, the Cabinet Secretary, National Treasury, set in motion the budget process for the financial year 2024/2025 on 18th August 2023, when he launched the Medium-Term Budget Preparation process. During the launch, Prof. Ndung’u indicated that sector working groups needed to begin their deliberations and align their priorities with the prevailing economic realities. […]...
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11 Sep 2023
Budget Process: The ball is already rolling for big decisions in the 2024/2025 financial year
The budget-making process is an ongoing exercise characterised by strict timelines mandated by the Constitution and the Public Finance Management Act, 2012. The National Treasury on August 18, 2023, l...
29 Apr 2021
First National Shadow Budget roots for a predictable tax regime and urgent debt management
A shadow National Budget published by a local public affairs and policy analysis consortium has called for the urgent adoption of a predictable tax regime to foster economic growth and mitigate a loom...
26 Feb 2021
Division of revenue and County fund allocation
The Division of Revenue Bill (DoRB), 2021 proposes to allocate to County Governments Ksh.409.88 billion in the financial year (FY) 2021/22, which relative to the financial year 2020/21 allocation, ref...
19 Feb 2021
BPS and Trade sector – General Economic and Commercial Affairs(GECA)
In the MTEF period 2017/18-2019/20, the total approved budget for the sector’s programmes and sub programmes was 78.9 Billion Ksh, while the actual expenditure was 66.47 Billion Ksh.
This represente...
12 Feb 2021
Part 2 on the BUDGET SERIES: Which way forward for Kenya’s economy? Highlights of Kenya’s economic outlook and proposed recommendations
The Kenyan economy is currently facing significant challenges as a result of the COVID-19 (C19) exacerbating an already grim situation. Despite having attained a lower middle income status in 2014, Ke...
30 Jan 2021
Kenya National Budget Part 1: Building back better: Strategy for resilient and sustainable economic recovery
KENYA NATIONAL BUDGET The current state of engagement between the state and the public on matters related to budget allocations, expenditures, and actual service delivery outcomes is mostly focused on...
25 Jan 2021
National Treasury request for comments on the Draft 2021 Budget Policy Statement for the MTEF FY 2021/22-2023/24 Budget
The National Treasury has finalized the Draft 2021 Budget Policy Statement for the MTEF FY 2021/22 -2023/24 budget which is available at the National Treasury website www.treasury.go.ke. and it invite...
27 Nov 2020
Private Sector engagement in the budget making process
The Kenya budget cycle is well on its way and is in fact half way through with the National Treasury and Planning having just concluded the public hearings for FY 2021/22 and Medium-Term budget propos...
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