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Topic: Treasury

Budget: Treasury bets Sh261bn on transport to unlock Kenya's economic arteries

By David Njaaga   2026-06-11 19:32:28

Treasury proposes Sh261bn for transport in FY2026/27 budget; Sh220.4bn for roads, Sh38.4bn for railways, Sh582m for Nairobi Bus Rapid Transport Project

Treasury faces budget squeeze as IMF, World Bank freeze loans

By Brian Ngugi   2026-06-11 19:04:32

CBK Governor Thugge reveals the global lender is yet to disburse a Sh96.9 billion loan under its development policy operation.

How Treasury's tax proposals are threatening to stall EV momentum

By Macharia Kamau   2026-06-10 16:38:09

Tax incentives that drove EV numbers from 1,200 to over 35,000 at risk as zero-rated status shifts to exempt. ICPAK and tax analysts caution that removing incentives will trigger job losses.

US Treasury chief threatens to sanction Oman if it joins Hormuz tolls

By AFP   2026-05-28 22:26:45

US Treasury Secretary threatened to target ally Oman if it helped impose a tolling system in the key Strait of Hormuz, warning of sanctions against all parties involved in such actions.

Treasury mulls slashing Sh4.8tr budget, tax hikes still an option

By Graham Kajilwa   2026-05-26 13:07:02

Treasury is considering cutting Kenya’s Sh4.8 trillion 2026/27 budget and possibly raising taxes amid global economic pressures and rising fiscal obligations.

Debt burden: Inside Treasury's plan to trap Kenya with billions in hidden debt

By Macharia Kamau and Pkemoi Ng’eno   2026-05-11 16:23:57

The government plans to use an extra Sh5 from the fuel levy as collateral to raise Sh120 billion for road projects, increasing pressure on motorists and road maintenance funds.