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The National Treasury is under the spotlight for diverting Sh30 billion that had been borrowed through issuance of a Eurobond last year to cover shortfalls in domestic borrowing.
Cabinet Secretary for National Treasury John Mbadi has claimed that some leaders from the Mt Kenya region are not happy ever since he was appointed to the Treasury docket.
The National Treasury will get a Sh244.2 billion cash injection after the sale of a 15 per cent stake in Safaricom to South Africa’s Vodacom Group.
Bidders say about 18 tenders, which were advertised last year have stalled, collapsed or cancelled yet are budgeted in the 2025/26 plan.
The National Treasury has defended Kenya’s economic performance, debt management strategy and public finance accountability systems
Treasury proposes Sh261bn for transport in FY2026/27 budget; Sh220.4bn for roads, Sh38.4bn for railways, Sh582m for Nairobi Bus Rapid Transport Project
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