The approval of the National Assembly on any monies spent under the provision is still expected and ought to be sought within two months after the first withdrawal of the money.
By
Kepha Muiruri
Business Reporter
Nation Media Group
The National Treasury has avoided cash disbursements not approved by the National Assembly in its second mini-budget for the 2026/27 fiscal year, bucking a trend witnessed over the years. This indicates efforts to regain financial discipline following pressure by oversight agencies.
Mbadi’s Sh4.82T budget faces scrutiny amid rising inflation, heavy domestic borrowing and Finance Bill tax changes raising cost…
Just as Parliament passes an Appropriations Act to authorise spending, there should be greater attention to the total revenue…
National Treasury Cabinet Secretary John Mbadi says altering the upcoming 2026-27 spending plan would leave critical public…
Treasury unveils fresh measures on banking, procurement and trade.
Treasury CS John Mbadi put on a brave face as he presented his Budget statement in Parliament, painting a contradictory image of…
National Assembly Majority Leader Kimani Ichungwah says Treasury has put in place measures to bridge the budget deficit through…
