budget

President William Ruto has directed the National Treasury to prepare a mini-budget for the financial year starting in July after rejecting the 2024 Finance Bill, which was expected to raise an additional Sh346 billion. President Ruto on…

Today, the Knesset Finance Committee approved the transfer of a budget surplus of NIS 874 billion from 2023 to 2024. The discussions were marked by a bitter dispute between Knesset members from the coalition and the…

Treasury Minister Njuguna Ndongo on Thursday sparked a storm in Parliament over his warning of Sh200 billion in budget cuts if MPs scrapped a handful of tax increases proposed in the Finance Bill, with lawmakers accusing him of blackmail.…

By Yoruk Bahçeli and Dara Ranasinghe (Reuters) - As far-right and left-wing parties gain momentum ahead of snap parliamentary elections in France, putting pressure on President Emmanuel Macron's centrist administration, investors are…

Treasury Cabinet Secretary Njuguna Ndung’u is tabling his second Budget in Parliament, in a tradition marked in East African Community member states. According to the EAC Treaty, Finance ministers of the partner states read their…

Businesses demanding payments from the government for working capital are facing tougher times after the National Treasury did not allocate funds to pay outstanding bills running into hundreds of billions of shillings in the latest…

Kenya lags behind its peers in transparency, an indicator of the theft and waste of public funds, a new survey shows. According to the 2023 Open Budget Survey (OBS), Kenya ranks 48th out of 125 countries when it comes to publishing…

It has been the United States for a long time The largest defense budget in the worldSpending this year is expected to approach $900 billion.However, this spending is quickly being outpaced by the fastest-growing portion of federal…

The budget comptroller lost his attempt to monitor counties' bank accounts in real time, derailing efforts to tame irregularities that have cast a shadow over how devolved units pay contractors and other bills. The matter, which…

The Treasury has proposed cutting the Higher Education Loans Board (Helb) budget by Sh3.7 billion in the financial year starting July, which could affect thousands of loan beneficiaries. The Treasury is seeking to allocate Sh33.3…