President William Ruto directed ministries to cut their FY 2023/2024 budgets by 10% to align expenditures with available resources amidst the global economic stress.
President Ruto reorganised the Executive, realigning Ministries, State departments, and Kenya’s Foreign Service to optimise performance and service delivery.
The Cabinet rescinded the decision made in July 2022 to pay Helios Sh6.091 billion following its exit from the struggling Telkom telecommunications company.
Gold is once again at the centre of global reserve management, with central banks around the world increasing their holdings to levels not seen in half a century. The renewe...
East African Community (EAC) member states on Thursday tabled their national budget estimates for the 2026/27 fiscal year, unveiling people-centred and growth-oriented spend...
As Kenyans prepare for another financial year marked by new taxes and spending controls, one figure stands out in the government’s budget plans: KSh2.31 trillion. That i...