The National Treasury

The Official Twitter account for The National Treasury.

[The National Treasury @KeTreasury]

PS Dr. Chris Kiptoo @DrChrisKiptoo today chaired the entry meeting for the audit exercise, marking the commencement of an important review process aimed at strengthening accountability, transparency and sound public financial management at the National Treasury.

[Dr Chris Kiptoo, CBS @DrChrisKiptoo]

The Government continues to strengthen coordination across Ministries, Departments and Agencies, as well as county governments, to accelerate the implementation of national priorities, development projects and the delivery of better services to citizens.

This morning, I joined colleagues at the monthly PSs Meeting, chaired by @koske_felix , Chief of Staff and Head of the Public Service, at the Kenya Advanced Institute of Science and Technology (Kenya-AIST) in Konza Technopolis, Machakos County.

The choice of Kenya-AIST at Konza Technopolis as the venue reflects the Government’s commitment to advancing science, technology, innovation, and research as key drivers of economic transformation while positioning Kenya as a regional hub for higher learning, innovation, and cutting-edge scientific research.

[The National Treasury @KeTreasury]

Happening Now: Mrs. Rispa Simiyu (FCCA, EBS), Tax Policy Advisor at The National Treasury, is live on @tv47news. She will be breaking down the details of #FinanceBill2026 and what it means for you.

​Catch the conversation live on #tv47Breakfast until 10:00 AM!

[Dr Chris Kiptoo, CBS @DrChrisKiptoo]

Strong internal audit systems are critical in safeguarding public resources, improving service delivery and strengthening public confidence in Government institutions.

We are in the process of finalising the Draft Public Finance Management (Amendment) Bill, 2026, which seeks to strengthen the independence, professionalism and effectiveness of internal audit systems, while the Zero Fault Audit Initiative continues to promote a culture of compliance, accountability and excellence in public financial management.

Today at the National Treasury, I received the leadership of the Institute of Internal Auditors (IIA) Kenya, led by Ms. Lilian Wangechi (Chairperson) and Dr. Joyce Omina (CEO), who paid a courtesy call to discuss ongoing reforms aimed at enhancing internal audit functions across Government.

We will continue working closely with professional bodies and key stakeholders, including the Office of the Auditor-General, to strengthen governance systems, enhance transparency and promote accountability in the management of public resources.

I was joined by Dr. Sammy Kimunguyi, the Internal Auditor-General at the National Treasury.

[Dr Chris Kiptoo, CBS @DrChrisKiptoo]

Welcomed Mr. Robert Tchaidze, the incoming International Monetary Fund (IMF) Resident Representative for Kenya, who paid a courtesy call at the National Treasury as he begins his assignment in the country.

I also bid farewell to Mr. Selim Cakir, the outgoing IMF Resident Representative for Kenya, as he concludes his tour of duty. I commend him for his contribution in strengthening the partnership between Kenya and the IMF and wish him success in his future engagements.

Kenya will continue to work closely with the IMF to advance our economic and fiscal reform agenda and strengthen macroeconomic stability.

@IMFAfrica @IMFNews

[Dr Chris Kiptoo, CBS @DrChrisKiptoo]

Happy Madaraka Day 2026.

[The National Treasury @KeTreasury]

CS Hon. FCPA John Mbadi Ng’ongo, EGH, @JohnMbadiN and PS Dr. Chris Kiptoo, CBS, @DrChrisKiptoo today appeared before the Budget and Appropriations Committee, chaired by Hon. Samuel Atandi (MP, Alego Usonga), to present the FY 2026/2027 Budget Estimates and the Medium-Term Fiscal Framework.

The FY 2026/2027 Budget prioritises key sectors aimed at stimulating economic growth and improving livelihoods, with KSh 379.5 billion allocated to BETA priorities. This includes KSh 131.4 billion for infrastructure, KSh 122.5 billion for social sectors, KSh 59.5 billion for production and finance, KSh 46.1 billion for governance and public administration, and KSh 20.1 billion for land and natural resources.

To strengthen devolution and enhance service delivery across the country, the Budget has provided KSh 495.5 billion in transfers to county governments, alongside allocations to the Equalisation Fund, NG-CDF, and the National Government Affirmative Action Fund.

The Budget also places strong emphasis on youth empowerment, enterprise development, and job creation through strategic investments, including over KSh 22.6 billion for youth programmes, over KSh 21 billion for internship programmes, KSh 8.8 billion for affordable credit to MSMEs, KSh 110 billion for affordable housing, KSh 18 billion for fertiliser subsidy, and KSh 2 billion for seeds subsidy.

@KeTreasury @JohnMbadiN @SamuelAtandi

[Dr Chris Kiptoo, CBS @DrChrisKiptoo]

Kenya continues to strengthen its engagement with The Commonwealth in key areas, including debt management, economic development, trade and investment cooperation.

Through this shared partnership, the National Treasury continues to benefit from technical assistance and capacity development in debt recording, reporting, risk analysis and sustainable financing through the Commonwealth Meridian Debt Management System.

Earlier today at the National Treasury, I met with Dr. Ruth Kattumuri, Senior Director for Economic Development, Trade and Investment at the Commonwealth Secretariat.

Dr. Kattumuri also updated me on the ongoing preparations towards the 2026 Commonwealth Heads of Government Meeting (CHOGM), scheduled to take place from 1st to 4th November 2026 in St John’s, Antigua and Barbuda.

@commonwealthsec

[The National Treasury @KeTreasury]

CS Hon FCPA John Mbadi EGH, meeting with the National Assembly Budget and Appropriations Committee on the Estimates of Revenue and Expenditure for FY 2026/27, Nairobi.

Follow link below:

https://t.co/RUyPnB07JG

[The National Treasury @KeTreasury]

NOTICE:
The Cabinet Secretary for the National Treasury, Hon. FCPA John Mbadi Ng’ongo, EGH, has approved the formal notice for the FY 2026/27 Budget Statement.

The Budget Statement will be presented to the National Assembly on Thursday, 11th June 2026.

Read the notice attached below 👇

[Dr Chris Kiptoo, CBS @DrChrisKiptoo]

The Menengai Geothermal Projects continue to demonstrate Kenya’s commitment to expanding clean, reliable and affordable energy through strategic public-private sector collaboration.

Today, together with my colleagues in the PPP Committee, we inspected the Menengai Geothermal Project in Nakuru County to assess the progress of the ongoing geothermal power development being implemented through a unique partnership model where the Geothermal Development Company (GDC) undertakes geothermal exploration and de-risks the steam fields before supplying steam to Independent Power Producers (IPPs) for power generation.

The development is being undertaken in phases, with the first phase targeting 105MW through three 35MW power plants by Sosian Menengai Geothermal Power Limited, Globeleq Menengai Limited and OrPower Twenty-Two Limited.

[Dr Chris Kiptoo, CBS @DrChrisKiptoo]

The Ministry of Defence continues to make significant progress in the construction of housing units under the PPP framework on a Build-Transfer basis, aimed at addressing housing constraints within the KDF fraternity.

We carried out an inspection of the PPP housing project at Gilgil Barracks in Nakuru County, with construction works now at 80 percent completion under the KDF Housing Programme.

The programme will provide 3,069 houses for service members across Roysambu, Nanyuki, Lanet, Gilgil and Mariakani Barracks. Construction across all five sites is progressing concurrently, with the Roysambu project already completed 500 units, which were commissioned last year.

The Government, through the Ministry of Defence and its partners under the PPP framework and the Affordable Housing Programme, continues to implement transformative housing projects that provide dignified accommodation for military personnel while also creating employment opportunities for many Kenyans.

@kdfinfo @SoipanTuya

[Dr Chris Kiptoo, CBS @DrChrisKiptoo]

The Gilgil–Nakuru–Mau Summit Road Project is a key transformative infrastructure initiative aimed at improving connectivity and easing traffic congestion along the busy Northern Corridor, which has for many years experienced perennial traffic jams for motorists travelling to western Kenya, neighbouring Uganda and beyond.

This afternoon, together with my colleagues in the PPP Committee, we inspected the ongoing project works along the corridor being implemented by the Kenya National Highways Authority (KeNHA) and Shandong Hi-Speed Road and Bridge International Engineering Co., Ltd (SDRBI).

The project includes the development of a six-lane dual carriageway between Gilgil and Nakuru, a four-lane elevated carriageway within Nakuru Town, and a four-lane dual carriageway between Nakuru and Mau Summit, alongside the construction of toll stations along the corridor.

Construction activities are progressing well, with most of the required equipment already mobilised to support the works. The project is expected to be completed by June 2027 and will significantly improve transport efficiency, enhance road safety and boost local and regional trade and economic growth.

[The National Treasury @KeTreasury]

@romiboke @JohnMbadiN Treasury website

[The National Treasury @KeTreasury]

This afternoon, CS Hon. FCPA John Mbadi Ng’ongo, EGH, @JohnMbadiN appeared before the National Assembly’s Public Debt and Privatisation Committee chaired by Hon. Shurie Abdi Omar regarding the FY 2026/2027 Consolidated Fund Services (CFS) Expenditures.

The CS outlined the country’s economic outlook, highlighting Kenya’s continued economic resilience despite global uncertainties, including geopolitical tensions, inflationary pressures and volatility in international markets. He noted that Kenya’s economy continues to perform strongly, supported by growth in key sectors such as construction, ICT, tourism, financial services and mining.

Hon. Mbadi also briefed the Committee on the Government’s macro-fiscal framework guiding the FY 2026/27 Budget, measures being implemented to safeguard economic stability, and efforts to maintain sustainable public debt management.

The engagement forms part of Parliament’s @NAssemblyKE oversight role in examining and approving the Government’s fiscal plans and Consolidated Fund Services expenditures for the upcoming financial year.

[The National Treasury @KeTreasury]

Great presentation, bro. I have always appreciated your effort. Thank you for the thoughtful submission and for raising an important issue regarding the evolution of Kenya’s tax administration framework under the Finance Bill 2026.

​The move towards pre populated tax returns and technology driven validation is intended to simplify compliance, reduce errors, enhance efficiency, and ease the burden on taxpayers. However, your concern regarding the burden of proof in a system increasingly reliant on third party and system generated data is both valid and timely.

​As Kenya transitions from a purely self assessment regime towards a more technology enabled compliance framework, it is crucial that legal and administrative safeguards evolve accordingly to preserve fairness, accountability, and taxpayer confidence.

​The proposals under the Finance Bill 2026 seek to establish the legal foundation for pre populated returns and related regulations, while stakeholder views such as yours will enrich ongoing discussions on implementation, dispute resolution mechanisms, and the balance of responsibility between taxpayers and the Revenue Authority.

As it were,​Public participation remains critical in ensuring these reforms achieve both efficient tax administration and the protection of taxpayer rights. We need more insightful contributions like yours to navigate this evolution,after all, change is a collaborative journey.

[The National Treasury @KeTreasury]

CS Hon. FCPA John Mbadi Ng’ongo, EGH, @JohnMbadiN today held a public engagement session at Jeevanjee Gardens with members of Bunge la Wananchi to address misinformation surrounding the Finance Bill 2026 and provide clarity on the proposed measures.

​During the interactive session, the CS listened to wananchi’s concerns, explained the intent of various proposals in the Bill, and reassured Kenyans that the Government remains committed to fair taxation, economic stability, and protecting the cost of living. Hon Mbadi emphasized that public participation remains central to the budget-making process and encouraged citizens to seek accurate information from official Government platforms.

​#FinanceBill2026 #SettingTheRecordStraight #PublicEngagement