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Sh78.54 billion in non-tax collections including surplus cash held by State corporations has been netted bt the Treasury in the first-half of the current fiscal year, new data shows. The Treasury's latest exchequer data shows the amount surrendered by the State firms in the July-December 2019 window
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The Treasury has made an about-turn and cut the Judiciary’s budget by Sh2.8 billion through a supplementary budget, setting the stage for a fresh confrontation with Chief Justice David Maraga. On Tuesday, the Treasury sought MPs approval to increase spending by 2.8 percent to Sh3.13 trillion
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The Treasury will have to borow more after an August audit showed that they wont meet their target in the business environment which has been hit with massive job cuts and corporate losses. The Budget outlook paper tabled in Parliament yesterday shows that the National Treasury has revised its borrowing