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COMMENTS ON THE 2018 DRAFT BUDGET REVIEW AND OUTLOOK PAPER FOR THE MTEF FY 2019/20 – 2021/22 BUDGET

 

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19th September, 2018

 

The Budget Review and Outlook Paper (BROP) is prepared in accordance with Section 26 of the Public Finance Management (PFM) Act, 2012 that requires its submission to Cabinet for approval by 30th September in each financial year. The approved BROP will subsequently be submitted to Parliament. In order to finalize the document, the National Treasury is expected by the provisions of the PFM Act to seek views from the institutions listed in the PFM Act, the public and any other interested persons or groups as specified in the relevant sections of the Act.

 

We have now finalized the 2018 Draft Budget Review and Outlook Paper for the MTEF FY 2019/20 - 2021/22 Budget which is available at the National Treasury website (www.treasury.go.ke). The purpose of this press release is to invite comments on the 2018 Draft Budget Review and Outlook Paper by 21st September, 2018 to enable finalization of the document.
Please share your comments with the National Treasury by close of business September 21st, 2018 through the email address: This email address is being protected from spambots. You need JavaScript enabled to view it..

 

DR. KAMAU THUGGE, CBS
PRINCIPAL SECRETARY/NATIONAL TREASURY

 

Launch of the Budget Preparation Process for the Medium-Term Period 2019/2020-2021/2022

 

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The National Treasury and Planning has organized the launch of Budget Preparation process for the Medium-Term Period 2019/2020-2021/2022 on 13th September, 2018, at the Kenyatta International Convention Centre (KICC), Amphitheater Hall.

 

The programme for the launch is as shown below.

       

TIME

ACTIVITY /PRESENTATION

08.00 a.m. – 08.30 a.m.

Registration

08.30 a.m. – 11.30 a.m.

Opening Remarks

 

Keynote Address and Official Launch

11.00 a.m. – 11.30 a.m.

HEALTH BREAK

11.30 a.m. – 12.00 noon

Presentation: Macro-economic outlook for the Medium Term

12.00 p.m.  – 12.30 p.m.

Presentation:  Highlights of the FY 2019/20 and the Medium Term Budget Process

12.30 p.m.  – 12.45 p.m.

Way Forward and Closure  

 

Public Investment Management (PIM) Guidelines

 

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Download PIM Guidelines

 

The National Treasury and Planning has Developed draft Public Investment Management (PIM) guidelines.

 

The PIM guidelines are intended to streamline the use of government resources on projects at the National and County Governments level as part of the efforts for reforms in Public Finance Management. The various reforms in the public sectors’ financial management are meant to spur economic growth and development.

 

The general public is requested to access the draft Public Investment Management guidelines from the National Treasury website http://www.treasury.go.ke. and email their written comments to  This email address is being protected from spambots. You need JavaScript enabled to view it. on or before 14th September, 2018

 

WFP Country Director calls on the CS

 

Tuesday, July 31st, 2018

 

 

CS National Treasury & Planning, Henry Rotich in a discussion with Annalisa Conte, Representative and Country Director- World Food Programme (WFP) Kenya who had paid him a courtesy call in his Treasury Building office today. She informed the CS that the WFP Executive Board has approved Kenya Country Strategic Plan 2018-2022 which is valued at 995 Million Dollars. WFP works with the Government to implement programmes designed to promote greater food security reaching over 2.3 million Kenyans annually.

 

1st African Evidence to Action Conference and Exhibition

 

Thursday, 26th July, 2018

 

The National Treasury & Planning Cabinet Secretary Henry Rotich delivers his key note address during the official opening of 1st African Evidence to Action Conference and Exhibition at United States International University in Nairobi.

 

The President - African Development Bank Group and Chairman Africa50 pays the CS a courtesy call

 

Friday, 20th July, 2018

 

President- African Development Bank Group, and Chairman Africa50, Akinwumi Adesina in a discussion with Cabinet Secretary for National Treasury& Planning, Henry Rotich when he paid him a courtesy call in his office at Treasury Building this morning Friday 20th July, 2018  in Nairobi. 

 

The two discussed among other issues how the  African Development Bank can bridge Kenya's infrastructure funding gap by mobilizing finances and facilitating project development especially in the Big4 agenda.

 

The Third General Shareholders’ Meeting of The Africa50 Held in Nairobi, Kenya on 19th July, 2018.

 

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H.E. President Uhuru Kenyatta in a group photo with from left (Front Row) Chief Operations Officer Africa50 Carole Wainaina, CS Henry Rotich, President- African Development Bank Group, and Chairman Africa50, Akinwumi Adesina and CEO -Africa50 Alain Ebobisse and other board members after the President officially opened the General Shareholders Meeting (GSM) today in Nairobi.

 

Africa50 was established by African governments and the African Development Bank to bridge Africa's infrastructure funding gap by mobilizing public and private sector finance and facilitating project development.

 

The Official Launch of the 2018/2023 Strategic Plan at the Kenyatta International Convention Centre, Tsavo Ballroom on Wednesday 18th July, 2018

 

Nairobi, July 18, 2018

 

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Cabinet Secretary for National Treasury and Planning, Henry Rotich (Left) and CMA CEO Mr Paul Muthaura (Centre) share a light moment today, July 18, 2018 when he (Rotich) launched the Capital Markets Authority (CMA) Strategic Plan 2018 – 2023 in a ceremony at the Kenyatta International Convention Center (KICC) in Nairobi.  

 

Kenya and Portugal sign avoidance of double taxation agreement

 

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Signing ceremony in Lisbon between Kenya 🇰🇪 and Portugal 🇵🇹 for avoidance of double taxation done Tuesday 10th, 2018.

 

Signing was done at the Ministry of Foreign Affairs of Portugal in Lisbon. It was signed by Cabinet Secretary, National Treasury &Planning Henry Rotich and António Mendonça Mendes, Secretary of State of Tax Affairs, Portugal and witnessed by Teresa Almeida, Secretary of State of Foreign Affairs and Cooperation, Portugal.

 

Avoidance of double taxation will create a conducive environment for investments and trade in goods and services between the countries by removing uncertainties on taxation occasioned by having two different jurisdictions at play.

 

The Draft Public Finance Management (Climate Change Fund) Regulations, 2018

 

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Download Draft Regulations

 

The Climate Change Fund (CCF) establishment is provided for under Section 25 of the Climate Change Act, 2016 as a financing mechanism for the priority climate change actions and interventions.

 

The National Treasury has finalized preparing the draft Public Finance Management (Climate Change Fund) Regulations, 2018 which have been posted to the National Treasury website www.treasury.go.ke.

 

MEFMI Request for Proposals to Conduct Workload Analysis

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