The Treasury has taken efforts to close the gaps that allowed multinational firms to evade taxes through intercompany business dealings. The proposed new draft Income Tax...
The Privatization Bill 2023, which gives the Treasury the power to sell off publicly held companies without parliamentary approval, was approved by the Cabinet yesterday. It...
President Ruto has directed the treasury to cooperate with various ministries to raise Ksh300 billion to reduce the country’s debt. He mentioned his plans during a...
The Treasury has provided Ksh200 million for next week’s swearing-in ceremony of President-elect William Ruto after the Supreme Court upheld his election victory on Monday. The...
Treasury has asked Cabinet Secretaries and parastatal CEOs to prepare budgets for the year starting July 2023 using policies of outgoing President Kenyatta’s administration amid uncertainty...
The new parliament will review implementation of the national budget every three months after lawmakers amended House rules to enhance oversight of spending by the Executive....
The Treasury has shot down a resolution by lawmakers to borrow more money to clear accumulated arrears to suppliers and contractors as well as court fines....
Treasury is set to introduce an issuance threshold of Sh 50 Billion on local bonds under proposed measures to reduce the government’s domestic borrowing. The proposed...
According to released data from the Central Bank of Kenya (CBK), Kenya’s domestic debt rose to KSh 3.67 trillion as of 28th May 2021. This is...
The Treasury on Tuesday issued a notice calling for experts to advise the country on the restructuring of external commercial loans, aimed at reducing the cost...