National Treasury
John Mbadi set to read his maiden national budget, Treasury confirms date
Cabinet Secretary John Mbadi will deliver his first national budget on June 12, 2025, outlining fiscal priorities amid rising debt, and cost of living pressures.
Kenyan govt gets KSh 43 billion after CBK's May Treasury bill's sale
The Kenyan government raised KSh 43.63 billion in an oversubscribed Central Bank Treasury bills auction on May 30, 2025, with CBK accepting 79% of bids.
Kenya's controller of budget flags KSh 9.5b govt expenditure on local, foreign trips
Kenya’s Controller of Budget (CoB), Margaret Nyakang’o, has raised concerns over the government’s expenditure of KSh 9.5b on local and foreign trips.
Finance Bill 2025: Kenyans reject proposals to scrap tax incentives, invasion of privacy
The Finance Bill 2025 in Kenya has sparked public outcry, with citizens rejecting proposals to scrap critical tax incentives and infringe on personal privacy.
HELB, school feeding programme face budget cuts as Kenyan govt faces KSh 218b deficit
Kenya’s Higher Education Loans Board (HELB) and the school feeding programme are facing significant budget cuts as the government grapples with a KSh 218b deficit.
Kenyan shilling forecast to strengthen against US dollar, 21 African currencies to weaken in 2025
In 2025, the Kenyan shilling (KSh) is projected to maintain relative stability or strengthen modestly. The African Development Bank noted 21 currencies will weaken.
Kenya pays over KSh 6b in foreign loan penalties as public debt hits KSh 11t
Auditor General Nancy Gathungu revealed that Kenya was paying over KSh 6 billion in penalties for unused external loans targeted for several projects.
World Bank projects slower Kenyan economic growth in 2025
The World Bank has revised Kenya’s 2025 economic growth forecast to 4.5%, down from 5.0%, citing high public debt and declining private sector credit.
World Bank advises Kenya to increase income tax rate for top earners to 38 per cent
The World Bank has recommended that Kenya raise the income tax rate for its highest earners to 38% as part of efforts to boost government revenue.
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