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Proposed Debt Policy and Borrowing Framework - Invitation for Comments

 

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Nairobi, 12th November, 2019

 

The comments may be forwarded to the Principal Secretary, National Treasury, P.O. Box 30007-00100, Nairobi; written memoranda should be delivered to the office of the Principal Secretary, National Treasury Building, Nairobi; or emailed to This email address is being protected from spambots. You need JavaScript enabled to view it. on or before 22 November 2019 at 5.00PM.

 

 

 

PUBLIC NOTICE ON THE FISCAL BUDGET FOR THE FINANCIAL YEAR 2020/2021

 

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Nairobi, 5th November, 2019

 

Article 201 of the Constitution spells out the Principles of Public Finance among them, openness and accountability, including public participation in financial matters. In the preparation of the National Fiscal Budget for the Financial Year 2020/2021, and in accordance with the requirements of the Constitution.

 

 

TALKING NOTES FOR THE PRINCIPAL SECRETARY / NATIONAL TREASURY, JULIUS MUIA, PHD, EBS, DURING THE LAUNCH OF THE 20TH EDITION OF THE KENYA ECONOMIC BY THE WORLD BANK, IN OCTOBER 31, 2019 AT RADISON BLU HOTEL, NAIROBI

 

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Nairobi, 30th October, 2019

 

 

National Treasury CS Outlines Initiatives To Boost Kenya-Ethiopia Trade

 

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Nairobi, 7th October, 2019

 

Acting Cabinet Secretary for National Treasury and Planning Ambassador Ukur Yatani has called on residents of the Upper Eastern Region at the Kenya-Ethiopia border to take advantage of recently established One Stop Border Point (OSBP) in Moyale to boost trade between Kenya and Ethiopia. The CS said that the modern facility which is among other six in the country, was underutilized.

 

 

Request for memorandum to support the development of a National Insurance Policy Framework for Kenya

 

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Nairobi, 3rd October, 2019

 

Your memoranda and questionnaires should be forwarded via email at This email address is being protected from spambots. You need JavaScript enabled to view it. with a copy to This email address is being protected from spambots. You need JavaScript enabled to view it. by Tuesday, October 22, 2019.

 

 

Farewell dinner for outgoing Director General, Eastern Africa Regional Office of African Development Bank

 

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Nairobi, 27th September, 2019

 

 

Proposed Amendments to the Public Finance Management (National Government) Regulations, 2015

 

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Download Legal Notice

 

Nairobi, 26th September, 2019

 

The comments may be forwarded to the Principal Secretary, National Treasury, P.O. Box 30007-00100, Nairobi; written memoranda should be delivered to the Office of Principal Secretary, National Treasury Building, Nairobi; or emailed to This email address is being protected from spambots. You need JavaScript enabled to view it. on or before 4th October, 2019 at 5.00 pm.

 

 

THE SIGNING OF THE EXCHANGE OF NOTES FOR THE MOMBASA GATE BRIDGE CONSTRUCTION PROJECT (I), THE MOMBASA SPECIAL ECONOMIC ZONE DEVELOPMENT PROJECT (I) AND GRANT FOR INFRASTRUCTURE DEVELOPMENT IN MOMBASA SPECIAL ECONOMIC ZONE IN DONGO KUNDU AREA

 

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Nairobi, 20th September, 2019

 

 

 

Restoration of Kenya Water Towers

 

Nairobi, 18th September, 2019

 

National Treasury Principal Secretary today held discussions on restoration of the country`s water towers with the EU Ambassador H.E (AMB) Simon Mordue.

 

Mr. Mordue said that the EU will continue supporting the Kenyan Government in its quest for lasting solutions in the restoration of the towers.

 

COMMENTS ON THE DRAFT 2019 BUDGET REVIEW AND OUTLOOK PAPER FOR THE MTEF FY 2020/21 – 2022/23 BUDGET

 

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Download Draft Paper

 

Nairobi, 17th September, 2019

 

The Budget Review and Outlook Paper (BROP) is prepared in accordance with Section 26 of the Public Finance Management (PFM) Act, 2012 that requires its submission to Cabinet for approval by 30th September in each financial year. The approved BROP will subsequently be submitted to Parliament. In order to finalize the document, the National Treasury is expected by the provisions of the PFM Act to seek views from the institutions listed in the PFM Act, the public and any other interested persons or groups as specified in the relevant sections of the Act. In particular, the National Treasury is required to seek views of the following:

 

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csrotich1Mr. Henry K. Rotich is currently the Cabinet Secretary for the National Treasury in Kenya. He assumed the position in May 2013 following the successful general election under the new Constitutional dispensation.  In this portfolio, Mr. Rotich is charged with managing Kenya’s national government finances, including spearheading an efficient and sustainable public financial management under a new devolved system of governance, which is fundamental for promoting equitable socio-economic development and efficient delivery of services to Kenyans. Mr. Rotich has been instrumental in prioritizing increasing investment in infrastructure, agriculture, security, education and skills development to raise productivity, as well as improving the business environment to promote investments, consistent with the new Administration’s development agenda. More recently, Mr. Rotich led the largest successful debut bond issuance in Africa, where Kenya raised US$ 2 billion to finance infrastructure. The Eurobond has been voted the best emerging market deal in Africa and third in emerging markets in 2014.

Prior to his elevation as a Cabinet Secretary, Mr. Rotich was the Head of Macroeconomics at the Ministry of Finance, since March 2006.   Under this capacity he was involved in formulation of macroeconomic policies that ensured an affordable and sustainable path of public spending aimed at achieving the Government’s development priorities.  He was also involved in preparation of key budget documents including the Budget Policy Statements, as well as providing strategic coordination of structural reforms in the area of fiscal and financial sector.

Before joining the Ministry of Finance, Mr. Rotich also worked at the Research Department of the Central Bank of Kenya since 1994.  Between 2001-2004, he was attached to the International Monetary Fund (IMF) local office in Nairobi to work as an economist.

Mr. Rotich has also served in other senior positions. He was a Director on several Boards of State Corporations, including; Insurance Regulatory Board; Industrial Development Bank; Communications Authority of Kenya; and Kenya National Bureau of Statistics.

Mr. Rotich holds a Master’s Degree in Public Administration (MPA) from the Harvard Kennedy School, Harvard University, USA.

He holds a Master’s Degree in Economics and a Bachelor’s Degree in Economics, both from University of Nairobi, Kenya.

Address:        The National Treasury, P.O. Box 30007-00100, Nairobi
Telephone:     254-02-2251865
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