The National Treasury

The Official Twitter account for The National Treasury.

[Dr Chris Kiptoo, CBS @DrChrisKiptoo]

Opening session of the Kenya–Germany Biennial Government-to-Government Negotiations on Development Cooperation in Berlin.

I appreciate my counterpart Dr. Bärbel Kofler, Parliamentary State Secretary at the Federal Ministry for Economic Cooperation and Development (BMZ), for the warm welcome and look forward to fruitful negotiations over the next two days as we further strengthen the longstanding partnership between Kenya and Germany.

[The National Treasury @KeTreasury]

The National Treasury today launched Kenya’s Disaster Risk Financing Strategy 2026–2030, a major step towards strengthening the country's resilience to disasters and climate related shocks.

CS Hon. FCPA John Mbadi @JohnMbadiN said the Strategy shifts Kenya from reactive disaster response financing to proactive, risk-informed preparedness that protects lives, livelihoods, development gains and fiscal stability.

The CS was represented by the
Director FSAD Mr. Ronald Inyangala.

Developed with technical support from @UNDRR and support from the @WorldBankGroup , @WFP , @EUinKenya , and the Governments of the UK and Italy, the Strategy provides a comprehensive framework for disaster risk financing, risk informed public financial management, disaster risk reduction and protection of vulnerable communities.

Speakers including the UNDRR Africa Chief Mr. Amjad Abbashar underscored the importance of strengthening risk data and analytics to guide financing decisions and build long term resilience.

[Dr Chris Kiptoo, CBS @DrChrisKiptoo]

Arrived in Berlin, Germany, to lead the Kenyan delegation at the Kenya–Germany Biennial Government-to-Government Negotiations on Development Cooperation.

The last session was held in Nairobi in November 2024 and builds on more than six decades of bilateral cooperation founded on mutual respect and a shared commitment to economic transformation and shared prosperity.

Over the next three days, we will engage with our German counterparts on priority areas, including renewable energy, sustainable agriculture, youth employment, skills development, ICT, trade and investment, technology exchange, and other areas of mutual interest.

I was received by Amb. Stella Mokaya Orina, Kenya’s Ambassador to the Federal Republic of Germany.

[State House Kenya @StateHouseKenya]

Assent to the Finance Bill 2026, State House, Nairobi https://t.co/QUjpX3kA7E

[The National Treasury @KeTreasury]

The National Treasury today convened a consultative meeting with representatives of the U.S. Government to advance strategic cooperation between Kenya and the United States.

​The engagement brought together Brian Rettman and Donald Keene of the U.S. Department of State; Dr. Isaiah Byegon of RMD and Head of the American desk at the National Treasury; Edward Rutere head ICT and PwC Partner Francis Muriu and his advisory team; and other senior government officials.

​Discussions centered on deepening institutional collaboration and strengthening partnerships in areas of mutual interest.

[The National Treasury @KeTreasury]

This morning, the PSc Dr. Chris Kiptoo, together with his counterpart from the State Department for Defence, Dr. Patrick Mariru, held discussions with a delegation from Abu Dhabi on areas of collaboration under the Kenya Defence Forces (KDF) Modernization Programme.

The engagement centred on strengthening strategic partnerships to support the enhancement of the KDF’s operational capabilities, technological advancement, and institutional transformation, in line with Kenya’s national security priorities and long-term modernization objectives.

The discussions underscores the deepening cooperation between Kenya and the United Arab Emirates, anchored on the Kenya–United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA), signed on 14th January 2025. The landmark agreement provides a strategic framework for expanding economic cooperation, promoting investment, facilitating knowledge and technology transfer, and unlocking new areas of partnership between the two nations.

The meeting reaffirmed the shared commitment of Kenya and the UAE to advancing mutually beneficial partnerships that contribute to sustainable development, economic resilience, and regional stability. It further highlighted the critical role of international cooperation in supporting Kenya’s transformation agenda and strengthening institutional capacity to respond effectively to emerging security and development priorities.

[The National Treasury @KeTreasury]

PS Dr Chris Kiptoo @DrChrisKiptoo today highlighted Kenya’s significant progress in strengthening its Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) framework through sustained legal, regulatory and institutional reforms aimed at safeguarding the integrity of the country’s financial system.

The PS spoke when he met a delegation from the Eastern and Southern Africa Anti-Money Laundering Group Secretariat, currently in Nairobi on an onsite verification mission as part of the assessment process for hosting the ESAAMLG Regional Training Academy (RTA)

Dr. Kiptoo stressed Kenya’s strong credentials as a host nation, noting that Nairobi’s position as a regional hub and home to numerous international and intergovernmental institutions makes it an ideal location for the Academy.

The PS reiterated Kenya’s commitment to supporting the successful establishment and operation of the institution in Nairobi.

[The National Treasury @KeTreasury]

Ongoing:CS Hon. FCPA John Mbadi appearing before the Senate to provide updates on the rollout of the e-Government Procurement (e-GP) system and the state of the economy, highlighting ongoing reforms aimed at enhancing transparency, efficiency, and accountability in public finance management.

Watch: https://t.co/6vKi6lh077

[The National Treasury @KeTreasury]

#financebill2026facts

[The National Treasury @KeTreasury]

PS Dr. Chris Kiptoo @DrChrisKiptoo today reaffirmed Kenya’s strong and longstanding partnership with Germany, noting that the collaboration has played a significant role in advancing the country’s development agenda through investments in renewable energy, agriculture, water, education and sustainable economic development.

The PS co-chaired a preparatory meeting with Ms. Maren Kneller, Head of Development Cooperation at the German Embassy, ahead of the Kenya-Germany Government to Government Biennial Negotiations on Development Cooperation scheduled for 25th–26th June 2026 in Berlin, Germany.

The discussions reviewed progress on ongoing cooperation programmes and preparations for the upcoming negotiations. The last round of negotiations was held in Nairobi in November 2024, during which Germany made significant commitments towards supporting Kenya’s development priorities. 🇰🇪🇩🇪
@GermanyinKenya

[The National Treasury @KeTreasury]

PS Dr. Chris Kiptoo,@DrChrisKiptoo today appeared before the National Assembly Departmental Committee on Finance and National Planning during its retreat in Kiambu County to provide clarification on key proposals contained in the Finance Bill, 2026 and outline the policy rationale underpinning the proposed measures.

Dr. Kiptoo was accompanied by the Director-General for Budget, Fiscal and Economic Affairs (BFEA), Mr. Albert Mwenda, and Tax Policy Advisor, Ms. Risper Simiyu.

The Finance Bill, 2026 seeks to enhance the efficiency, fairness and administration of Kenya's tax system while supporting the implementation of the Government's FY 2026/27 Budget priorities.

Addressing the Committee, Dr. Kiptoo explained that the proposed measures are designed to simplify tax compliance, broaden the tax base, curb revenue leakages, rationalise tax expenditures, modernise tax administration and strengthen domestic revenue mobilisation in a manner that supports businesses, creates jobs and accelerates economic growth.

Among the key proposals is the exemption of dialysers used in kidney dialysis treatment from Value Added Tax (VAT), a measure aimed at lowering the cost of healthcare and improving access to life-saving treatment for thousands of Kenyans living with kidney disease.

The Principal Secretary noted that the Bill seeks to create a more equitable and sustainable tax system by encouraging wider participation in the tax framework while improving compliance. The proposed reforms are expected to generate sustainable revenues required to finance the Government's development agenda and delivery of public services.

Dr. Kiptoo commended the Departmental Committee on Finance and National Planning, chaired by Hon. Francis Kuria Kimani, MP (Molo Constituency), for its dedication and commitment throughout the consideration of the Finance Bill, particularly in conducting extensive public participation across the country.

He emphasized that the views, recommendations and concerns raised by Kenyans during the public participation process remain critical in shaping a fair, responsive and inclusive tax policy framework that reflects the aspirations of citizens while safeguarding the country's fiscal sustainability.

The National Treasury remains committed to working closely with Parliament, stakeholders and the public to ensure the enactment of tax policies that promote economic growth, protect livelihoods and support Kenya's long-term development objectives. @NAssemblyKE
@KuriaKimaniMP

[The National Treasury @KeTreasury]

#BudgetYetu2026

[The National Treasury @KeTreasury]

Months of consultation. Weeks of preparation. One national commitment.

Today, the FY 2026/27 Budget was presented to Parliament, setting the course for Kenya's economic transformation, fiscal sustainability, and shared prosperity.

We thank all Kenyans, stakeholders, and institutions who contributed to this process and followed today's proceedings.

Together, we are building a stronger economy and a brighter future for every Kenyan.

🇰🇪 #BudgetReading2026,#BudgetYetu2026 #BuildingKenyaTogether

[The National Treasury @KeTreasury]

#Budget2026 reaffirms the Government’s commitment to sustaining economic transformation, creating opportunities for all, strengthening resilience and building a more prosperous and self-reliant Kenya. Learn more: https://t.co/PaQZG4cRcl

#BudgetYetuKE

[The National Treasury @KeTreasury]

#Budget2026: The Government continues to prioritize the Digital Superhighway and Creative Economy to enhance productivity and competitiveness.

With an allocation of Ksh 8.6 billion in the FY 2026/27 Budget, these investments will expand ICT infrastructure, drive digital inclusion, and create sustainable jobs to empower Kenyan youth.

#BudgetReading2026 #DigitalSuperhighway

[The National Treasury @KeTreasury]

#BudgetReading2026: Investing in Education is investing in the future of the nation.

The FY 2026/27 Budget prioritizes human capital development through substantial resource allocations to the Teachers Service Commission, basic education, and higher education to strengthen learning infrastructure and drive competency-based reforms.

#Budget2026 #BudgetYetuKE

Click here to learn more here: https://t.co/RKtBGXDNRm

[The National Treasury @KeTreasury]

#Budget2026: The Government is committed to expanding access to decent housing for low- and middle-income households, reducing the national deficit while stimulating broad-based growth.

Through the nation-wide Affordable Housing Program, the FY 2026/27 Budget scales up investments to create structural jobs and economic opportunities for youth, businesses, and artisans.

To learn more about #BudgetYetuKE’s allocations to housing click here: https://t.co/RKtBGXDNRm

#BudgetReading2026

[The National Treasury @KeTreasury]

#BudgetReading2026 advances public policy focused on strategic growth, enhanced domestic revenue mobilization, fiscal discipline, and safeguarding livelihoods.

#Budget2026 is a budget for wananchi.

Visit https://t.co/SxeDeuboWx to learn more about #BudgetYetuKE

[The National Treasury @KeTreasury]

The implementation of the Bottom-Up Economic Transformation Agenda (BETA) has been allocated Ksh 386.1 billion in the FY 2026/27 Budget.

This investment will be deployed through a value chain approach across five strategic priority clusters to drive resilient and inclusive growth, ensuring key sectors in the transformation agenda are funded to promote growth.

#BudgetReading2026 #Budget2026 #BETA