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The Round Table Conference Between The Government Of Kenya And The Arab Development Partners

The Round Table Conference Between The Government Of Kenya And The Arab Development Partners Statement By Mr. Henry Rotich, EGH, Cabinet Secretary/National Treasury 10th And 11th July, 2017 At Laico Regency Hotel. Download Speech

The Official Opening Ceremony Of The National Trade Week At The Kenyatta International Convention Centre

Statement By H.E. HON. Uhuru Kenyatta, CGH, President Of The Republic Of Kenya And Commander-In-Chief Of The Defence Forces During The Official Opening Ceremony Of The National Trade Week At The Kenyatta International Convention Centre (KICC) On 10th July 2017 Download Speech

The Nairobi International Insurance Convention

Nairobi International Insurance Convention

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Nairobi, July 6, 2017

Cabinet Secretary for The National Treasury Henry Rotich flanked by Ag. Commissioner of Insurance /Chief Executive Officer, Insurance Regulatory Authority, Geoffrey Kiptum, (his Left) and Chairman, Board of Directors, Insurance Regulatory Authority, Abdirahin Abdi (his right) cuts ribbon today, July 6, 2017 to officially open the first International Insurance Convention at Kenyatta International Conference Centre in Nairobi that ends tomorrow. The convention, in which various Insurance firms had exhibitions on their products and services,  is celebrations to mark the 10 years of Insurance Regulatory Authority existence. The theme of the conventions is, ''Building a Resilient Insurance Market ''.

Signing of Japanese ODA loan Agreement with Kenya, Signing of Grant Agreement with Kenya.

Nairobi, 4th July 2017

National Treasury, Cabinet Secretary, Henry Rotich, Japanese Ambassador to Kenya, Mr. Toshitsugu Uesawa and Japan International Cooperation Agency (JICA) Chief Representative Ms. Keiko Sano sign Kshs11.336 loan Agreement with the government of Kenya for the second phase of the Mombasa Port Area Road Development Project (MPARD II), today 4thJuly 2017 at the Treasury Building.

Launch Of PesaLink Statement By Mr. Henry K. Rotich, EGH, Cabinet Secretary For The National Treasury 9th June, 2017 At Intercontinental Hotel 10.30 A.M

Launch Of PesaLink Statement By Mr. Henry K. Rotich, EGH, Cabinet Secretary For The National Treasury 9th June, 2017 At Intercontinental Hotel 10.30 A.M

Forum for Chairpersons and Chief Executives Officers for State Corporations

Nairobi, May 26, 2017

Cabinet Secretary for National Treasury Henry Rotich addresses a forum for Chairpersons and Chief Executives Officers for State Corporations today, May 26, 2017 at the Kenya School of Government (KSG) in Nairobi where two KSG Capacity Building Programmes, Post Graduate Diploma in Public Enterprises (8 modules) and Accounting Officers Course (5 modules), were launched.

ATI Annual General Meeting at Kempinski Hotel



The National Treasury Cabinet Secretary, Henry Rotich in a discussion with the visiting Zimbabwe Minister of Finance and Economic Development, Hon. Patrick Chinamasa on the sidelines of the 17th  Annual General Meeting of Africa Trade Insurance at a Nairobi hotel.

Pre-Election Economic And Fiscal Report 2017

Involvement in all stages of project development cycle. The department will strive to participate by representation in project appraisal, formulation, implementation, monitoring and evaluation stages for all Donor Funded Projects in the budget.
Enhancing project implementation through tying release of funds to production of project work plans as inputs to the annual budget estimates.

To continuously provide quality Accounting Services in the Public sector through proper maintenance of accounting records, timely provision of financial reports and ensuring proper accountability of public funds
To be a leading entity in the provision of quality Accounting and Financial advisory services to the public sector in Kenya and in the Region

Policy Mandate
The Accountant General’s Department is responsible for planning, developing and implementing Government accounting policy, systems and procedures including computerization programmes of accounting systems and monitoring revenue collection and expenditures that are approved by Parliament.

The main functions are:

1) Planning, development, implementation and formulation of policy pertaining to accounting systems, procedures, rules and regulations.

2) Direction, control and coordination of matters relating to ministries’/departments’ accounting systems and operations in liaison with Heads of Accounting Units.
3) Monitoring and evaluation of accounting systems and utilization of staff in ministries/departments and districts.

4) Direction, control and coordination of all matters pertaining to Paymaster General (Banking) and District Accounting (systems) operations including reimbursement to districts (Cash Management).

5) Direction, control and coordination of operations of the exchequer in matters relating to accounting for revenue including external loans and grants.

6) Liaising with the Central Bank of Kenya on matters relating to consolidated fund and ministries’ bank accounts.

7) Management and control of Government financial reporting system to ensure delivery of timely and accurate financial information for  management decisions.

8) Follow-up on Ministries’/Departments’ Annual Accounts, audit reports, the Public Accounts Committee recommendations and preparation of the Treasury Memorandum.

9) Preparation of letters of appointment of accounting officers and receivers of revenue.

10) Administration of the scheme of service for accountants including: Recruitment in conjunction with Directorate of Personnel Management and Public Service Commission of Kenya, Deployment of Accountants in Ministries/Departments and Districts, Training and development of the accountants in the civil service.

11) Administration of the Accountants Act and Certified Public Secretaries Act, including the management of Registration of Accountants Board (RAB) and Registration of Certified Public Secretaries Board (RCPSB).

Just like all other countries who adopted MTEF, an elaborate system of institutions were put in place to coordinate and manage MTEF process They are:

(i) MTEF Secretariat
The introduction of the Medium Term Expenditure Framework required a concerted effort across all Ministries and Departments of Government. As a start a core team of MTEF Secretariat was set up in the Ministry of Finance and Planning. The Secretariat was coordinating and directing the implementation of MTEF on a full time basis. The secretariat was also expected to make arrangements for capacity building within the secretariat and also for familiarizing and training the key stakeholders and participants in this process.

(ii) Macro Economic Working Group (MWG)
The MWG is responsible for preparing consistent forecasts for economic development and growth. The group also prepares the expected revenues, the financing strategy of public expenditures and together with the Sector Working Groups proposes sectoral resource ceilings. The group is chaired by the Director of Planning and has members drawn from the relevant departments in the Ministries of Finance and Planning and National Development, Kenya Institute for Public Policy and Research Analysis (KIPRA), the Kenya Revenue Authority, The Central Bank. It also co-opts other specialized institutions as and when the need arises.

(iii) Sectoral Working Groups (SWGs)
Initially seven Sectoral Working Groups were set up and later on increased to eight sectors, namely: Agriculture & Rural Development, Physical Infrastructure, Human Resource Development, Tourism Trade and Industry, Public Administration, Public Safety, Law and Order, Information Communication and Technology and National Security.
The SWGs, work closely with line Ministries, and are responsible for developing sectoral policies and objectives; evaluating Ministry/Department estimates submissions and ensuring that the inputs, activities, outputs and outcomes are in line with the national objectives. Each sector has a core secretariat based at the Ministry of Planning and National Development and incorporates Ministries and other stakeholders as and when required.

(iv) Budget Steering Committee
This is a Committee set up in Treasury made of Heads of Department of Budget, Economic Affairs, Debt Management, External Resources, Accountant General, Pensions, GITS, Macro Department of Ministry of Planning and National Development. This team considers the budget proposals and also monitors developments that may arise in the course of implementation of the budget.

Through internal reviews of the performance of the budget process the government realized that its public expenditure management was inconsistent with the objectives of achieving high and sustained growth of the economy necessary for reducing the levels of poverty. The performance of the public sector in itself had become a constraint to the growth prospects of the private sector and thus to overall economic growth. The composition of public expenditure was inappropriate and inefficient. It was this review that emphasized the need to have a comprehensive reform of the public expenditure management spanning from budget formulation to budget implementation.

Arising from this review and its recommendations the Government adopted the Medium Term Expenditure Framework (MTEF) which would guide the efficient and effective use of Government resources and a reduction in the share of public expenditure in the GDP. The MTEF was and is expected to achieve three tasks:

Maintain aggregate fiscal discipline by ensuring that policy changes are consistent with fiscal norms and programme objectives;

Increase efficiency in resource allocation;
Promote efficient delivery of services.

Before the introduction of MTEF in 2000, policy making, planning and budgeting were taking place independently of each other. In Kenya Planning was confined into Ministry of Planning whereas budgeting was confined in the Ministry of Finance. Despite having taken various reforms particularly in the budgeting process the budget was not delivering. The resources available were distributed thinly on too many projects not linked at all to the policy priorities. This often resulted into stalled projects,increase in pending bills(Budgetary Arrears), low funding to priority areas and hence non delivery of intended services.

Although at the start of the Forward budget or the annual budget it was a requirement that there is a forecast of the aggregate resources. Over the years there was the tendency to over estimate revenues which resulted into the adjustments of the budget in the course of the year. The over estimation was mainly driven by the fact that as the deficit had been a performance criteria more efforts were made towards achieving the variable than processes that could lead to the restructuring of the expenditure patterns and composition.

During the period when the budgetary reforms were being instituted the country recorded high fiscal deficit some of which were due to lack of discipline whereas others were due to other external factors such as lack of flow of funds from development partners. The budget was adjusted as soon as was presented to parliament. This was occasioned by the fact that in an effort to balance the budget expenditure adjustments were made on areas where commitments had been made as such the Ministry of Finance would then request Ministries to make re-allocations (virements) or issue them a supplementary. There were also instances of over expenditures due to commitments entered into that were higher than the approved budget and also due to programmes started whereas they had no budgetary provision.

The other weakness of the budget was lack of a process of costing and prioritization. Despite having introduced Public Investment Programme the process of project appraisal was not developed therefore viability of projects just depended on arguments of the implementing agency. The budget therefore turned out to be incremental.


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