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More on Tag: National Treasury

8 Apr 2022

Treasury avoids tricky decision on long-term action on fuel

The good news from the Budget Statement was that fuel would be spared the proposed 10 per cent increase in Excise Duty that the Treasury has asked the National Assembly to impose on Kenyans when the F...

11 Mar 2022

Shadow Budget Report casts doubt on economic recovery as rising debt and electoral jitters persist

The 2022/23 Annual National Shadow Budget by IPFK™ for Kenya is the second edition, and it is one of its kind in the country.  The production of the Shadow Budget was supported by the integrate...

4 Feb 2022

What you need to know about unclaimed financial assets

Recent media revelations paint a shocking picture of vast amounts of unclaimed assets that lie idle despite Kenyans going through a tough economic season. According to the media reports, the amount of...

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 ...

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...

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

Treasury’s post COVID-19 economic recovery strategy

The National Treasury and Planning State Department for Planning this week presented highlights of a Post-Covid 19 economic recovery strategy (ERS) including: Macroeconomic Objectives of ERS Increasin...

27 Nov 2020

CS National Treasury remarks at MTEF hearings

In his key note at the opening of the opening of the public Hearings on the FY 2021/22 and the medium-term Budget proposals at the Kenyatta International Convention Center on 25th November 2020, CS Uk...

25 Sep 2020

Treasury’s take: Impact of Covid-19 on Kenya’s Economy

The outbreak of the Covid-19 pandemic in 2019 has caused the most severe global economic setback. Its impact to our economy includes: -Loss of lives -Decline in demand of Kenya’s goods and services,...
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