Treasury News

Skills empowerment is key enabler in realizing Big 4 Plan


Kitui, 9th August, 2019


The government has reiterated its commitment to upscale the absorption of technical skills among the youth as an enabler to actualize the Big Four Agenda, Francis Musyimi, Principal Administrative Secretary National Treasury has said.

Speaking on Friday after the official opening of Kyuso Empowerment Centre in Mwingi North Constituency on behalf of Principal Secretary National Treasury Dr Julius Muia, Musyimi challenged the youth to take up skill empowerment opportunities to improve their livelihoods.

‘I would like to urge the youth to come for these loans availed through several affirmative actions. Apply and secure funds to start your own business to improve your livelihoods,’ observed the Principal Administrative Secretary.


National Treasury/ KRA Retreat


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Nairobi, 10th August, 2019


Get ready to be counted


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Nairobi, 10th August, 2019


Government Revenue


Nairobi, 9th August, 2019


National Treasury Principal Secretary Dr. Julius Muia has called upon managers of all government entities to relook at their respective revenue collection strategies so that the country could surpass targeted revenue in the 2019/20 financial year.


Dr. Muia said that if all revenues due to the government were collected, the country could be saved from the burden of borrowing.


The Principal Secretary made the call today in his office when he received Commission on Revenue Allocation CRA commissioners led by Chairperson Dr. Jane Kiringai who paid him a courtesy call.


CS Yatani promises to reduce the fiscal deficit and substantially modify interest controls


Nairobi, 8th August, 2019


The government is fully committed to working closely with the International Monetary Fund (IMF) to revive various programmes and in debt management. Acting Treasury and Planning Cabinet Secretary Amb.Ukur Yatani has said.

He said that the government is presently reviewing revenue collection framework so that more resources could be netted to fund budgets.


‘’We have adopted ways of making sure that we live within our means in order to reduce expenditure.We are also adopting tighter fiscal framework in order to match Revenue with our expenditure’’. Yatani added.


IMF calls on the CS


Nairobi, 6th August, 2019


National Treasury and Planning Cabinet Secretary Amb. Ukur Yatani has hailed the International Monetary Fund IMF for assistance it continues to extend to Kenya.

He said that the support has enabled the Country to realize major achievements in its economic development goals.


The CS made the remarks while meeting an IMF team led by Richard Allen of IMF Fiscal Affairs Department that has teamed with the National Treasury for an IMF Fiscal Transparency Evaluation.


World Bank calls on the CS


Nairobi, 6th August, 2019


National Treasury and Planning Cabinet Secretary Amb. Ukur Yatani has lauded the World Bank for the support it continues to lend the country in its development agenda.

He said that the National Treasury is keen on reducing recurrent expenditure and in addressing corruption as spear-headed by the president.



Digital Economy


Nairobi, 5th August, 2019


The National Treasury and Planning Acting Cabinet Secretary Ambassador Ukur Yatani and ICT Cabinet Secretary Joe Mucheru today constituted a technical working group drawn from the two Ministries and the World Bank to work together to ensure that on- going ICT projects are undertaken in a coordinated manner to avoid duplications.



Launch of extraction industries seminars


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Nairobi, 2nd August, 2019


CBK Governor visits


Nairobi, 26th July, 2019


The CBK Governor Dr. Patrick Njoroge, today paid the new team at the National Treasury and Planning a courtesy call.


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