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Request for Memorandum for the Development of The Public Procurement and Asset Disposal Policy


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Members of the Public are requested to submit a memorandum on issues of interest for consideration. The memorandum can be forwarded via email to This email address is being protected from spambots. You need JavaScript enabled to view it. with a copy to This email address is being protected from spambots. You need JavaScript enabled to view it.. Hard copy submissions should be sent to


Principal Secretary

National Treasury & Planning

P.O. Box 30007-00100 Nairobi



The official opening of the 5th Credit Information Sharing (CIS) Africa Conference


Nairobi, 13th February, 2020


The 5th edition of the Credit Information Sharing (CIS) Conference was held today in an event that was graced by The National Treasury, the Central Bank, the World Bank among other key stakeholders from all over Africa and the world. The main aim of the conference is to enhance credit information sharing while building a robust credit system in Kenya.



Budget Policy Statement


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Nairobi, 14th February, 2020





Framework Agreement between the government of the French Republic and the government of the Republic of Kenya Signed


Nairobi, 29th January, 2020


Treasury and Planning Cabinet Secretary (Amb) Ukur Yatani has lauded the cordial relationship between the French and Kenyan Governments.
He said that Kenya and the government of France continue to enjoy very solid development cooperation, economic and business relations spanning over decades.



Draft 2020 Budget Policy Statement


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Nairobi, 17th January, 2020


Section 25 of the Public Finance Management (PFM) Act, 2012 requires the National Treasury to seek and take into account the views of stakeholders and the public in preparing the Budget Policy Statement (BPS) before submission to Cabinet for approval and subsequently submission to Parliament. In particular, Section 25 of PFM Act requires the National Treasury to seek views of the following:



Public Finance Management (Coffee Cherry Advance Revolving Fund) Regulations, 2019


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Nairobi, 15th January, 2020




Hon (Amb) Ukur Yattani, EGH, On Status of Payment of Pending Bills by National Government Ministries, Departments And Agencies (MDAs) and County Governments


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125,000 seedlings for Mua Hills


The government is committed to increasing the trees cover from the current 7% to 10% by 2022. This was affirmed by the State Department of Environment Principal Secretary Ms. Betty Maina during the Launch of Greening Mua Hills Initiative at Mua Hills, Machakos County.



Resource Mobilization due to the Landslides and Floods in the Country


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The Government recognized that the Budget Rationalization Programme could not by itself achieve the higher level of strategic investment planning. The strategic investment planning was expected to be the basis of the forward and Annual Budget exercises. GoK therefore introduced the Public Investment Programme (PIP). The main rationale for introducing the PIP was to strengthen the forward budget by providing a more comprehensive instrument for planning and prioritization of public expenditures.
PIP had six major objectives which were:
  Strengthen the project cycle, namely the identification, design, appraisal, implementation, monitoring and evaluation of projects;It was to become an instrument of economic management used to monitor public sector capital formation targets, and to ensure that sectoral strategies are translated into projects and programmes;Become a tool for better aid coordination to assist in the matching of Government investment needs with donor financing opportunities Strengthen overall public expenditure management by sharpening departmental priorities, improving the phasing of projects and relating their total implementation costs and subsequent operating costs to recurrent and development ceilings Be used to monitor the investment plans of state corporations that may directly or indirectly impinge on the government finances and
   To allow accurate forecasting of future recurrent expenditure demands on financial resources. Development partners played a key role in the introduction of the PIP as they also provided technical assistance for the implementation and institutionalisation of the exercise into the budgeting process. By 1994 some progress had been made as the PIP was now being coordinated by the Ministry of Planning and National Development and the annual timetable had incorporated PIP as a key input to the annual budget and in this way it was able to influence the budget exercise. However despite all these improvements the major weaknesses in budgeting for capital investments continued as the completion rate of programmes was as low as 3%. Many projects had stalled some as complete as 90% and this applied not only to government funded projects but also to donor funded programmes. These projects had also generated pending bills whose deficit on a commitment basis had gone up as the hard budget constraint translated into informal funding.


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