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Opening Remarks By H.E. William Ruto EGH, EBS, Deputy President Of The Republic Of Kenya During The Central Bank Of Kenya Fifty Years Of Central Banking Symposium Held At The Radisson Blu Hotel Nairobi On September 13, 2016, it was read on his behalf by CS National Treasury , Mr. Henry Rotich. Click to Download The Speech.

Essar Energy Overseas Limited Exit1Treasury Cabinet Secretary Henry Rotich (L) with his Principal Secretary Dr Kamau Thugge addresses the press today, Friday, June 24, 2016 during the signing ceremony for the completion of a transaction that will see the Essar Energy Overseas Limited exit the Kenya Petroleum Refineries Limited (KPRL) through selling their 50 percent shareholding to the Government of Kenya making the Government the owner of all the shares of the company. The Government of Kenya negotiated the terms of the Essar exit on the acquisition of the company's shares in KPRL for a consideration of USDollars 5 million (about Sh 500 Million).

DSC 1089Mombasa County Deputy Governor, Hazel Katana explains to the National Treasury Cabinet Secretary, Henry Rotich about the ease of doing business in her County at an exhibition prior to the Official Opening of  the Ease of Doing Business Initiative Conference 2016 in a Nairobi Hotel today. The Conference with a theme "Digitising Government Business- Leveraging ICT to enhance the Business Environment"  hosted by the World Bank Group had an attendance of  26 countries.

The Purpose of this Circular is to provide guidelines for the preparation and submission of FY2017/2018  -2019/2020 Medium Term Budget for State Corporations. These guidelines have been prepared in line with Treasury Circular No. 14/2016 dated July 13, 2016. Click Here to Download the Circular.pdf

csNational Treasury Cabinet Secretary, Henry Rotich holds the brief case with the 2016-2017 Budget Statement (estimates) at his National Treasury building office before going out to Parliament to present the budget today, Wednesday, June 8, 2016.

 

 

 

DSC 0379Treasury Cabinet Secretary Hanry Rotich arrives (2nd Left) accompanied by the Chair, LAPFUND Board Silas Muriuki (Left), CEO and Secretary, LAPFUND Board, David Koross and Lewis Nguyai, Board Member, LAPFUND, arrives to officiate the 8th Local Authorities Provident Fund (LAPFUND) AGM today, Saturday, April 30, 2016 at Sarova White Sands in Mombasa. The LAPFUND was established under the Loacal Authorities Provident Fund Act on July 5, 1960.

1. The Sugar Development Levy was scrapped during the 2016/17 budget speech. It used to cater for roads and bridges in the sugar belt. It was also cheap source of money for factories during maintenance. Out-grower companies also relied on it.

DSC 1742Cabinet Secretary, Mr. Henry Rotich and the British High Commissioner to Kenya, H.E. Mr. Nic Hailey today at the Treasury Building signed a Ksh. 41 billion Memorandum of Understanding to Support the Capacity and Development of Strategic Renewable Energy Projects in Kenya.

DSC 8806Cabinet Secretary Henry Rotich  during the inauguration of a mult-sectoral task force to deveop the  public procurement and asset disposal regulations, 2016 at the Treasury Building on Thursday 21st April 2016

 

His Excellency the Deputy President of the Republic of Kenya, Hon William Ruto cuts a ribbon during the launch of the Sector Working Groups (SWGs) for the Financial Year 2017/2018 and Medium term  at Kenyatta International Conference Centre, Nairobi.

DSC 0973The Government of the Federal Republic of Germany, represented by the Head of East Africa Division, Dr. Ralf-Matthias Mohs and the National Treasury Kenya Principal Secretary Dr. Kamau Thugge today signed a Joint Declaration of Intent on Technical Support for the Preparation of the Second High Level Meeting of Global Partnership for Effective Development Cooperation (HLM2 of GPEDC) to be hosted from 28th November - 1st December 2016 at KICC, Nairobi.

Cabinet Secretary for National Treasury Henry Rotich signing a Ksh. 1.84 billion loan agreement with the Ambassador of the Kingdom of Belgium to Kenya Ms. Roxane de Bilderling today at the Treasury Building.
The loan is for Vihiga Cluster Water Supply Project.  The money will be used to renovate and expand the Maseno, Kaimosi and Mbale water supply systems in Vihiga County.

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Tom Alex Majani, Deputy Director of Education makes a presentation on Kenya/ South Africa co-operation in education and science and technology to visiting military officers of South African National Defence College (SANDC) on regional study in Kenya at the Ministry of Education Jogoo House office ion Nairobi. The SANDC team had also presentation from the Ministry of Trade, Industry and Cooperatives on the Kenya/South Africa roles, organisations and relationships.

psthuge1The National Treasury Principal Secretary Dr. Kamau Thugge addressing the African Federation of Institutes of Internal Auditors 3rd Annual Conference at Kenyatta International Conference Center (KICC). The PS who represented the National Treasury Cabinet Secretary hailed internal auditing for promoting good governance practices and standards through various initiatives.



National Treasury Cabinet Secretary Henry Rotich (2nd Right) and Korean Ambassador to Kenya Mr Kwon Young-dae (2nd left) discuss today, Monday, April 11, 2016  at the Treasury Building when they signed the letter of intent to support the Mobile Development Cooperation Project (Grant). Looking on are Moses Kanagi, Acting Director, External Resources, National Treasury and an official from the Korean Embassy. The project will comprise three mobile programs, the first, medical programs which will provide medical services and on-site clinical; diagnosis by certified nurses in trucks with built-in medical facilities and ambulance. The second, is food program, which aims at providing and ensuring people's nutritional needs are met using trucks with basic built-in food preparation apparatus. And the third, is the culture program, which aims to utilize cultural elements using a truck outfitted with Audi-video equipment to enrich the developed activities of the medical and food programs.

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Nairobi, July 12, 2016
Dr Geoffrey Mwau, Director General, Budget, Fiscal and Economic Affairs addresses the Press today Tuesday, July 12, 2016 when he jointly with International Monetary Fund (IMF) delegation from Washington DC, USA issued a press statement on Kenya's State of

DSC 1191European Union (EU) Ambassador to Kenya, Stefano-Antonio Dejak addressing the gathering during a reception hosted to mark the 66th celebration of Europe Day. Next to him is the National Treasury Cabinet Secretary, Mr. Henry Rotich and the National assembly Speaker, Justin Muturi. The day coincided with 40 years of Kenya- EU bilateral relations and was celebrated through the official unveiling of the "40 in 40" memorial theme which will be followed by a series of events to take place in the month of May.

Press ConfernceThe National Treasury Cabinet Secretary Henry Rotich addressing press conference on updating the development of financial sector in Banks following the appointment of Kenya Deposit Insurance Corporation [KDIC] as a receiver for Chase Bank Limited by the Central Bank of Kenya [CBK] and also assured the public the rest of the Banks are sound at Kenyatta International Convention Centre today.He is flanked by the Central Bank of Kenya Governor Dr.Patrick Njoroge [centre] and the Chief Executive Officer of Kenya Bankers Association Habil Olaka [right] among others .

Nairobi, KNA, July 16, 2016

DSC 9422National Treasury Cabinet Secretary Henry Rotich (Right) and Country Director, World Bank, Diarietou Gaye today, today, Monday, July 4, 2016 sign three credits and two grants totaling US$ 359.1 (Sh 36 billion) from the World Bank for the following three projects: (i) the Kenya Youth Empowerment and Opportunities Project of US$ 150 million (Sh 15 billion), (ii) Transforming Health Systems for Universal Health Care Project of US$ 191.1 million (Sh 19.1 billion), and (iii) the Eastern and Southern Africa Higher Education Centers of Excellence od US$ 18 million (Sh 1.8 billion) in a ceremony at the National Treasury Building in Nairobi. Rotich said the signing signifies the excellent bilateral relation between Kenya and the World Bank, which span since Kenya’s independence.

The Cabinet Secretary/ National Treasury Mr. Henry Rotich welcomes the IMF First Deputy Managing Director, Mr. David Lipton to the National Treasury. With then is PS, National Treasury, Dr. Kamau Thugge.  Mr. Lipton is on a three day visit to Kenya to discuss a range of issues with the Government, including Kenya’s economic programme aimed at Investment- driven, inclusive growth and Kenya’s increasing integration in global financial markets.