Category: Budget

Article 202 of the Constitution of Kenya provides for the vertical process of sharing national revenue in Kenya. Vertical sharing refers to the process of sharing revenue raised nationally (equitable share) between the national and … Continue ReadingThe Vertical Process of Sharing National Revenue in Kenya

The role of the County Assembly in public finance management in Kenya is very important at the county government level. The County Assembly is one of the arms of the county government alongside the County … Continue ReadingRole of County Assembly in Public Finance Management in Kenya

This article looks at the difference between treasury bills and treasury bonds in Kenya. On behalf of The National Treasury, the Central Bank auctions and manages Government’s domestic debt. At the beginning of each fiscal … Continue ReadingDifference Between Treasury Bills and Treasury Bonds in Kenya

The budget process for the national government in Kenya is a continuous process. It begins on 30th August of the current year. The process should end on 30th December of the coming year. The budget … Continue ReadingThe Budget Process for the National Government in Kenya

The County Fiscal Strategy Paper is the guide to the county budget process. It looks at how the past and the present setting of the budget process can inform the future. Therefore, it is important … Continue ReadingHow to Analyse a County Fiscal Strategy Paper (CFSP) in Kenya

A County Budget and Economic Forum (CBEF) is an important tool for facilitating public participation at the county level. Each of the 47 counties should have an operational CBEF. The County Budget and Economic Forum … Continue ReadingRole of the County Budget and Economic Forum (CBEF) Kenya

How do you distinguish between the division of revenue and allocation of revenue in Kenya? This article intends to provide the answer. The division of revenue and allocation of revenue are terms you will find … Continue ReadingThe Division of Revenue and Allocation of Revenue in Kenya

The role of the Kenyan Parliament in public finance management in Kenya is very important. Parliament plays this role through two committees of the National Assembly and the Senate Respectively. These Committees are the National … Continue ReadingRole of Parliament in Public Finance Management in Kenya

There are several funds established by the Constitution of Kenya. In this article, we explore these different funds and the purpose they serve. They also form the key types of public funds in Kenya. According … Continue ReadingKey Public Funds Established by the Constitution of Kenya

Section 110 of the Public Finance Management Act establishes the County Emergency Fund in Kenya. A County Executive Committee may, with the approval of the County Assembly, establish an emergency fund for the county government … Continue ReadingThe Purpose of the County Emergency Fund in Kenya

Article 208 of the Kenyan Constitution establishes the Contingencies Fund. The purpose of the Contingencies fund is the urgent and unforeseen need for expenditure for which there is no other legislative authority. Further, the Public … Continue ReadingWhat is the Purpose of the Contingencies Fund in Kenya?

Before we talk about the types of government budgets in Kenya, let’s define a budget. A budget is a document that sets out the government’s proposed revenues, expenditure and priorities for a specific financial year. … Continue ReadingWhat are the Types of Government Budgets in Kenya?