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Talking Notes for the Cabinet Secretary/National Treasury, During the Signing Ceremony with Kuwait Delegation for Modogashe – Wajir Road on 15th May 2018 at 3.00 PM in the Treasury Building

 

Dowload speech here 

 

1. Hamad Al-Omar, Deputy Director, the Kuwait Fund for Arab Economic
Development (KFAED) and Mr. Henry Rotich, Cabinet Secretary, the
National Treasury and Planning sign for approximately Ksh. 20 billion
loan agreement for the expansion of Modogashe- Wajir Road Project at
the Treasury Building today. The total cost of the road will be
approximately Ksh. 120 billion. Standing on the left is Moses Kanagi,
National Treasury Deputy Director, Resource Mobilization and on the
right is Mr.Ayad E. Al- Gharablli, Regional Manager, Central, East
and South African Countries KFAED.

 

2. Mr. Hamad Al-Omar, Mr. Ayad Alghraballi, KFAED Regional Manager for
African Countries and Mr. Rotich during the signing of approximately
Ksh. 20 billion loan agreement for the expansion of Modogashe- Wajir
Road Project at the Treasury Building today. The total cost of the
road will be approximately Ksh.120 billion.

 

The Draft Income Tax Bill, 2018

 

PUBLIC NOTICE

 

THE DRAFT INCOME TAX BILL, 2018

 

The National Treasury has reviewed the Income Tax Act, (CAP.470) in order to make it productive, simple to comply with, supportive to the Big Four agenda and the growth of the economy as well as embracing international best practice aligned with changes in the present business environment.

In order to ensure wide consultation and public participation as stipulated in the Constitution of Kenya, 2010, the National Treasury invited institutions, organizations and individuals to make submissions to facilitate the review of the Income Tax Act. The contributions received from stakeholders have been taken into account.

In order to facilitate the finalization and submission of the Draft Bill to Parliament, the National Treasury invites institutions, organizations and individuals to submit their comments on the Draft Income Tax Bill, 2018 by May 24th, 2018 to the undersigned or through the email: This email address is being protected from spambots. You need JavaScript enabled to view it.

The Bill has been hosted for public access at the National Treasury Website (www.treasury.go.ke).

 

DR. KAMAU THUGGE, CBS
PRINCIPAL SECRETARY/NATIONAL TREASURY

 

 

The First DEG Retreat

Nakuru, May 10, 2018

 

 

Principal Secretary for National Treasury, Dr Kamau Thugge delivers the keynote address today, May 10, 2018 when opening the first Development Effectiveness Group (DEG) Retreat meeting at Lake Nakuru Lodge. The theme of the meeting is “Implementing Development Effectiveness Commitments in the context of the 2030 Agenda for Sustainable Development”. During the meeting the DEG Strategic Plan 2018 – 20122 (which incorporates Framework on domestication of Nairobi Outcome Document of Second High Level Meeting of Global Partnership for effective Development Cooperation) was launched. Among other objectives of the meeting is to review Kenya’s performance in the 2016 Second Monitoring Round of the GPEDC and agree on commitments for implementation.

 

Principal Secretary for National Treasury, Dr Kamau Thugge (right) with from left to right:  Bomet Governor, Joyce Laboso, Hebert Perr, Head of Development Cooperation, European Union Delegation to Kenya (as sponsor of DEG Strategic Plan) and Ms. Teresa Savanella, Head of Cooperation, AICS/ Development Partners, DEG Co-Chair, each hold a copy of Development Effectiveness Group (DEG) strategic plan 2018 – 2022 today, May 10, 2018 during opening the First DEG Retreat meeting at Lake Nakuru Lodge. The theme of the meeting is “Implementing Development Effectiveness Commitments in the context of the 2030 Agenda for Sustainable Development”. Among other objectives of the meeting is to review Kenya’s performance in the 2016 Second Monitoring Round of the GPEDC and agree on commitments for implementation.

 

Principal Secretary for National Treasury, Dr Kamau Thugge (right) greet from left to right:  Bomet Governor, Joyce  Laboso, Hebert Perr, Head of Development Cooperation, European Union Delegation to Kenya (as sponsor of DEG Strategic Plan) and Ms. Teresa Savanella, Head of Cooperation, AICS/ Development Partners, DEG Co-Chair, after delivering the keynote address and launching the Development Effectiveness Group (DEG) strategic plan 2018 – 2022 today, May 10, 2018 at the opening the First DEG Retreat meeting at Lake Nakuru Lodge. The theme of the meeting is “Implementing Development Effectiveness Commitments in the context of the 2030 Agenda for Sustainable Development”. Among other objectives of the meeting is to review Kenya’s performance in the 2016 Second Monitoring Round of the GPEDC and agree on commitments for implementation.

 

Participants, among the representatives of Kenya’s Development partners, follow proceedings today, May 10, 2018 during the First Development Effectiveness Group (DEG) Retreat meeting at Lake Nakuru Lodge. The theme of the meeting is “Implementing Development Effectiveness Commitments in the context of the 2030 Agenda for Sustainable Development”. Among other objectives of the meeting is to review Kenya’s performance in the 2016 Second Monitoring Round of the GPEDC and agree on commitments for implementation.

 

Participants, among the representatives of Kenya’s Development partners, make their contributions today, May 10, 2018 during the First Development Effectiveness Group (DEG) Retreat meeting at Lake Nakuru Lodge. The theme of the meeting is “Implementing Development Effectiveness Commitments in the context of the 2030 Agenda for Sustainable Development”. Among other objectives of the meeting is to review Kenya’s performance in the 2016 Second Monitoring Round of the Global Partnership for Effective Development Cooperation (GPEDC) and agree on commitments for implementation.

 

Principal Secretary for National Treasury, Dr Kamau Thugge (Left) flanked by Bomet Governor, Joyce Laboso (2nd Left), Hebert Perr, Head of Development Cooperation, European Union Delegation to Kenya (as sponsor of DEG Strategic Plan) (2nd Right) and Ms. Teresa Savanella, Head of Cooperation, AICS/ Development Partners, DEG Co-Chair, address the Press at First Development Effectiveness Group (DEG) Retreat meeting at Lake Nakuru Lodge. The theme of the meeting is “Implementing Development Effectiveness Commitments in the context of the 2030 Agenda for Sustainable Development”. Among other objectives of the meeting is to review Kenya’s performance in the 2016 Second Monitoring Round of the GPEDC and agree on commitments for implementation.

 

 

Principal Secretary for National Treasury, Dr Kamau Thugge (Centre) flanked by Hebert Perr, Head of Development Cooperation, European Union Delegation to Kenya (Left), Ms. Teresa Savanella, Head of Cooperation, AICS/ Development Partners (2nd Left) and Jackson Kinyanjui, Ag. Director General, Public Debt Management and Director, Resource Mobilization Department, the National Treasury makes closing remarks today, May 11, 2018 when closing of the two-day first Development Effectiveness Group (DEG) Retreat meeting at Lake Nakuru Lodge. Dr Thugge read ten joint key commitments for action from the DEG Retreat at Lake Nakuru Lodge. One of them states: “Implement the effective department cooperation strategic plan through annual workplan, budget and priority actions”.

The theme of the meeting was “Implementing Development Effectiveness Commitments in the context of the 2030 Agenda for Sustainable Development”. During the meeting the DEG Strategic Plan 2018 – 20122 (which incorporates Framework on domestication of Nairobi Outcome Document of Second High Level Meeting of Global Partnership for effective Development Cooperation) was launched. Among other objectives of the meeting was to review Kenya’s performance in the 2016 Second Monitoring Round of the GPEDC and agree on commitments for implementation.

 

Ms. Teresa Savanella, Head of Cooperation, AICS/ Development Partners (Left) with Principal Secretary for National Treasury, Dr Kamau Thugge (Right) and Jackson Kinyanjui, Ag. Director General, Public Debt Management and Director, Resource Mobilization Department, the National Treasury makes closing remarks today, May 11, 2018 during the closing of the two-day first Development Effectiveness Group (DEG) Retreat meeting at Lake Nakuru Lodge. Dr Thugge read ten joint key commitments for action from the DEG Retreat at Lake Nakuru Lodge. One of them states: “Implement the effective department cooperation strategic plan through annual workplan, budget and priority actions”.

The theme of the meeting was “Implementing Development Effectiveness Commitments in the context of the 2030 Agenda for Sustainable Development”. During the meeting the DEG Strategic Plan 2018 – 20122 (which incorporates Framework on domestication of Nairobi Outcome Document of Second High Level Meeting of Global Partnership for effective Development Cooperation) was launched. Among other objectives of the meeting was to review Kenya’s performance in the 2016 Second Monitoring Round of the GPEDC and agree on commitments for implementation.

 

A section of participants follow proceedings  today, May 11, 2018  during the closing of the two-day first Development Effectiveness Group (DEG) Retreat meeting held at Lake Nakuru Lodge. Dr Thugge read ten joint key commitments for action from the DEG Retreat at Lake Nakuru Lodge. One of them states: “Implement the effective department cooperation strategic plan through annual workplan, budget and priority actions”.

The theme of the meeting was “Implementing Development Effectiveness Commitments in the context of the 2030 Agenda for Sustainable Development”. During the meeting the DEG Strategic Plan 2018 – 20122 (which incorporates Framework on domestication of Nairobi Outcome Document of Second High Level Meeting of Global Partnership for effective Development Cooperation) was launched. Among other objectives of the meeting was to review Kenya’s performance in the 2016 Second Monitoring Round of the GPEDC and agree on commitments for implementation.

Pictures by Kibet Cheptumo/KNA

 

 

Budget Books 2018-2019

The budget books for the Financial Year 2018-2019 are now available for download here.

 

Pupils Reward Scheme

Nairobi, April 9, 2018

 

 

Francis Anyona, Director of Budget, National Treasury makes a presentation on the operations of the National Treasury to 46 students under the Pupils Rewards Scheme (Pures) programme from various national schools when they visited the National Treasury today, May 9, 2018.  The scheme is a mentorship programme under the Presidency that takes best candidates in Kenya Certificate of Primary Education (KCPE) countrywide. The Programme was launched by President Uhuru Kenyatta and First Lady Margaret Kenyatta in 2015. Yesterday the Ethiopian Prime Minister, who was on a three-day visit to Kenya praised the PURES programme as a noble idea that other African leaders need to emulate.

 

Francis Anyona, Director of Budget, National Treasury listens to a question from a student who was among 46 under the Pupils Rewards Scheme (Pures) programme from various national schools today, May 9, 2018 when they visited the National Treasury in Naiorbi.  The Director made a presentation on the operations of the National Treasury to the students.

 

Duncan omweri of Alliance Boys asks a question today, May 9, 2018 after listening to a presentation from Francis Anyona, Director of Budget, National Treasury, on the operations of the National Treasury when the students (46) under the Pupils Rewards Scheme (Pures) programme visited the National Treasury in Naiorbi.  

 

 

Pictures by Kibet Cheptumo/KNA

The Launch of the 2018 Economic Survey Report and ISO 9001:2015 Certification, Speech Delivered by Mr. Henry Rotich, EGH, Cabinet Secretary, The National Treasury and Planning, 25th April 2018, at the KICC, Nairobi.

The National Treasury and Ministry of Planning Cabinet Secretary, Henry Rotich [Centre], with his Chief Administrative Secretary, Nelson Gaichuhie [2right], Principal Secretary, State Department for Planning, Dr.Julius Muia [2left], Kenya National Bureau of Statistics Director General, Zachary Mwangi [right] and Economic Planning Secretary, Joseph Mukui [left], during the launch of the Economic Survey Report 2018 and ISO 9001-2015 Certification at Kenyatta International Convention Centre. Download speech.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Joint press conference on status of AfDB funded projects in Kenya

The National Treasury and Ministry of Planning Cabinet Secretary, Henry Rotich [right], with African Development Bank [AfDB] Executive Director, Dr. Nyamajeje Caleb [left], addressing a joint press conference on the status of AfDB funded projects in Kenya, held at the National Treasury office, 13.4.2018.

KENYA MORTGAGE REFINANCE COMPANY (KMRC)

1. National Treasury Cabinet Secretary, Henry Rotich  addressing Stakeholders on Kenya Mortgage Refinance Company (KMRC) at a Nairobi Hotel.  KMRC, an initiative of National Treasury and World Bank will support the affordable housing agenda by providing secure, long-term funding to the mortgage lenders, thereby increasing the availability and affordability of mortgage loans to Kenyans. DOWNLOAD SPEECH

Launch Of The 2015/16 Kenya Integrated Household Budget Survey Basic Reports

Speech By Mr. Henry Rotich, EGH, Cabinet Secretary, To The National Treasury And Ministry Of Planning 22nd March 2018 At The KICC, Nairobi. Download Speech

 

 

 

 

Signing of Loan Agreement between Kenya and Japan

 

Nairobi,March 16, 23018

National Treasury Cabinet Secretary, Henry Rotich (Center) and Japanese Ambassador to Kenya, Toshitsugu Uesawa (2nd Left) pend their signatures to loan agreements for Olkaria 1, 2 and 3 Geothermal Power Rehabilitation Project amounting to Sh 9.53 billion and the Exchange of Notes for a Grant to Purchase Patrol Motor Boats for Fisheries Department amounting to Sh 274.4 million today, 16th March, 2018 at the National Treasury Building in Nairobi.

Post-Election Economic And Fiscal Report

2018 Budget Policy Statement

Pre-Election Economic And Fiscal Report 2017

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Career Opportunities
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