Tag: budget

The making of a national budget: Kenya’s budget cycle timeline

Kenya’s financial cycle relies on the budget process, which begins with the budget-making process. The budget process is guided by the budget calendar issued by the National Treasury and Economic Planning ministry, which stipulates timelines for several key activities to be undertaken to finalise the Budget and submit it for approval by 30th April of […]...

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 Prepar...

5 Jun 2023

Assessing budget transparency: Does your county disclose essential fiscal information?

Twelve years after the onset of devolution in Kenya, significant progress has been made towards citizens’ access to county governments’ public budget information. To achieve the goals of...

3 Mar 2023

An Explainer: The Draft Public Finance Management (Transfer of Functions) Bill, 2023

Background With the promulgation of the Constitution of Kenya, 2010, the country took up a system of governance which embodies devolution and decentralization. The country has two levels of government...

19 Nov 2021

Kenya’s key economic strategies in 2022 Budget Policy Statement to spur recovery

Kenya’s economy has been on a path to recovery in 2021 following the slump in 2021 occasioned by the negative effects of the Covid-19 pandemic. It is against this recovery background that Kenya’s ...

11 Jun 2021

Kenya Budget Statement FY 2021/2022 theme: Building back better: Strategy for resilient and sustainable economic recovery and inclusive growth

INTRODUCTION Aptly themed, this year’s Kshs. 3 Trillion budget aims to focus on economic recovery in the wake of the Covid19 Pandemic which has occasioned increased poverty and vulnerability levels ...

11 Jun 2021

Budget gives hope to a referendum, and its attendant troubles

Budgeting for an election usually starts before the year in which the election is held, which would make an allocation in the Budget normal, but there is more this year. The allocation has been trip...

21 May 2021

Request for proposals on the Budget Statement FY 2021/2022

The Kenya National Treasury has invited members of the public to contribute to the final Budget Statement for the FY 2021/2022 which will be delivered in Parliament on 10th June, 2021. In this respect...

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...

11 Dec 2020

Government priorities for Energy, Infrastructure and ICT

In Kenya’s national finance cycle, the Energy, Infrastructure and ICT Sector (EII) comprises nine sub-sectors namely: Energy and Petroleum; Infrastructure; Transport; Shippin...

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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