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The Office of the Controller of Budget has raised queries on the source of an extra Sh17 billion used to service Kenya’s public debt in the first quarter of the current financial year. According to a report released by Controller of Budget Agnes Odhiambo reviewing the national government’s implementation of the 2014/2015 budget, the amount […]

In the 2013/14 financial year, the governor Evans Kidero-led administration realised Sh10 billion in revenue, while the total revenue generated by all the 47 counties amounted to Sh26.3 billion. In the first financial year of the devolution system, the county governments had budgeted for Sh261.1 billion, of which Sh100.4 billion was intended for development. However, […]

The Office of the Controller of Budget is concerned about the rising public debt, which climbed to 5.1 per cent of the nation’s gross domestic product (GDP), up from Sh2.36 trillion recorded in June 2014 to Sh2.48 trillion as at December. According to the Controller of Budget Ms Agnes Odhiambo, the rising public debt is […]

Six counties among them Nairobi, Homa Bay and Machakos spent more money than what had been approved by the Controller of Budget in the first six months of the year, a new report has shown. Others who exceeded their budget ceilings were Murang’a, Trans Nzoia and Meru. According to the County Governments Budget Implementation Review […]

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