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Nairobi, June 15, 2018

 

 

National Treasury and Planning Cabinet Secretary, Henry Rotich flanked by among other, Chief Administrative Secretary, Nelson R. Gaichuhie (2nd Left), Principal Secretary, Dr Kamua Thugge, National Treasury (2nd right) and Principal Secretary, Planning, Dr. Julius Muia, addresses the Press on Thursday, June 14, 2018 after presenting the 2018 – 2019 Budget Estimates of about 3 trillion at the National Assembly in Nairobi. The East frican Community member states: Tanzania, Uganda and the others, also presented their budget estimates for 2018 - 2019. 

 

 

PUBLIC NOTICE

 

THE DRAFT FINANCIAL MARKETS CONDUCT BILL, 2018

 

Download Public NoticeBill

 

The Government recognizes that a competitive and well-functioning retail and financial sector is vital to the economy. In this regard, the National Treasury has reviewed the challenges in the consumer credit and market conduct and has developed a draft Financial Markets Conduct Bill, 2018. The draft Bill aims at creating an effective financial consumer protection, make credit more accessible and at the same time supports financial innovation and competition.

 

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.

 

Nairobi, June 14, 2018

 

 

 

 

The National Treasury and Planning Cabinet Secretary, Henry Rotich arrives and welcomed by Senior Deputy Clerk, National Assembly, Michael Sialai at the the National Assembly before he presents his  2018 – 2019 Budget Estimates of Sh 2,550.5 billion today, June 14, 2018. 

 

 

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.

 

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

 

PUBLIC NOTICE

 

THE DRAFT INCOME TAX BILL, 2018

 

Dowload: Public Notice, Bill

 

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.

 

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

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Nairobi, June 12, 2018

 

Cabinet Secretary for National Treasury, Henry Rotich (2nd right) and Senior Minister of State, Ministry of Trade and Industry of Singapore, Dr Koh Poh Koon (2nd Left) sign the agreement on Avoidance of Double Taxation (DTA) and the agreement on the Promotion and Protection of Investment between Kenya and Singapore today, June 12, 2018 at the National Treasury Building in Nairobi. The signing was witnessed by the Deputy Prime Minister and Coordinating Minister for Economic and Social Policies of Singapore, Mr Tharman Shanmugaratnam (Left) and the Kenyan Ambassador to Singapore Willy Bett, among others.

 

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.

 

 

Nairobi,March 16, 23018

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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.

 

IN EXERCISE of the powers conferred by section 24(4) of the Public Finance Management Act, 2012, the Cabinet Secretary for the National Treasury and Planning makes the following Regulations:

 

Download the DRAFT PUBLIC FINANCE MANAGEMENT (BIASHARA KENYA FUND) REGULATIONS, 2018 here!

 

 

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

 



Nairobi, March 8, 2018

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National Treasury Cabinet Secretary Henry Rotich in a group photo with with young women entrepreneurs today, Thursday, March 8, 2018 at Kenyatta International Convention Centre (KICC) during a meeting themed “The Girls Matter”, a conversation with young women in Kenya that coincided with the International Women Day celebrations. Download Speech

 

Download Press Release

 

PRESS RELEASE ON BUDGET 2018-2019

 

This is to notify the general public that the Budget Statement for the Fiscal Year 2018/19 Budget will be delivered to Parliament by the Cabinet Secretary, National Treasury and Planning, at the Parliament Building on Thursday, the 14th June, 2018 at 3:00p.m.

 

DR. KAMAU THUGGE, CBS
PRINCIPAL SECRETARY/ NATIONAL TREASURY

 

5th June, 2018

 

 

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.

 

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CS National Treasury, Henry Rotich,met and held talks with French Ambassador to Kenya, Mr. Antoine Sivan, who led a delegation of French investors who paid a courtesy call at the National Treasury Building this morning. The investors are in Kenya to look for investment opportunities in various fields.

 

Follow this link to give us your budget tips

Download Press Release

 

PRESS RELEASE ON BUDGET 2018-2019

 

As you are aware, the Cabinet Secretary for the National Treasury and Planning, Mr. Henry Rotich will be delivering the Budget Statement for the FY 2018/19 to Parliament on 14th June 2018. While finalizing the Statement, the Cabinet Secretary would appreciate contributions and ideas on policy and tax measures from Kenyans for the FY 2018/19 Budget. 

 

 

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.