World Bank Withholds KES96.9 Billion Loan Over Fiscal and Governance Reforms
The freeze on World Bank funding might force the Kenyan government to prioritize spending, delay infrastructure projects, or introduce new ...
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Tag: Treasury Kenya
KRA Surpasses 4-Month Revenue Collection Target in October, Nets 154 Billion
KRA had a surplus of Kes.5.9 billion in revenue from Domestic Taxes where Kes. 96.6 billion was collected against a ...
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President Uhuru Kenyatta Urges Banks to Revise Upwards the Minimum Cash Transactions Limit
President Uhuru Kenyatta has urged the country’s National Treasury and other stakeholders to immediately revise upwards the cash transactions threshold ...
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Treasury to Bailout Kenya Power and KQ in 2022
The National Treasury has approved to inject cash into Kenya Power and Kenya Airways in the financial year starting July ...
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National Treasury Grants CMA Power to Oversee Investment Funds in Bid to Fight Fraud
The National Treasury has given the Capital Markets Authority (CMA) powers to oversee all investment funds formally solicited from the ...
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Finance Committee Rejects Tax on Bread and Motorcycles in Kes 3 Trillion Budget
The National Assembly Finance and National Planning Committee have rejected the imposition of tax on bread and the variation of ...
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National Treasury Eurobond Issue Oversubscribed by $5.4 billion
The National Treasury has successfully raised $1 billion by issuing a 12-year Eurobond in the international financial markets in a ...
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Kenya’s Parliament Set to Review Debt Ceiling Upwards.
Kenya's Budget and Appropriations Committee of the National Assembly is proposing an upward review of the debt ceiling to enable ...
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