Request for Comments on the Excise Duty (Remission of Excise Duty) (Amendment) Regulations, 2020

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Nairobi, May 29th, 2020

The National Treasury and Planning has developed the Excise Duty (Remission of Excise Duty) (Amendment) Regulations, 2020. The Statutory Instruments Act requires that all legal instruments be subjected to public participation before they are published.

In this regard, the draft Regulations have been hosted on the National Treasury and Planning Website for comments before publication.

In order to facilitate timely consultations and have adequate time for consideration of the comments, the comments should be forwarded in writing to the undersigned or through the email [This email address is being protected from spambots. You need JavaScript enabled to view it.] not later than 5^th June, 2020.

HON. (AMB.) UKUR YATANI, EGH

CABINET SECRETARY/ NATIONAL TREASURY AND PLANNING

Request for comments on the Draft Kenya Development Bank Bill, 2020

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Nairobi, May 25th, 2020

The Cabinet in line with the recommendation by the 2013 Presidential Taskforce on Parastatal Reforms approved the merger of Industrial and Commercial Development Corporation (ICDC), IDB Capital Limited and Tourism Finance Corporation (TFC) to form the Kenya Development Bank (KDB) as a single cross-sector Development Finance Institution (DFI) with sufficient scale, scope and resources to play a catalytic role in Kenya’s Economic Development by providing long-term financing and financial, investment and business advisory services to meet objectives under vision 2030 and to support implementation of the Big 4 Projects.

Budget Tips/Suggestions to the Cabinet Secretary, National Treasury and Planning for consideration while Preparing the FY 2020/21 Budget Statement

Nairobi, 26th May, 2020

The Cabinet Secretary for the National Treasury and Planning, Hon. (Amb.) Ukur Yatani, EGH will be delivering the Budget Statement for the FY 2020/21 to Parliament on 11^th June 2020. While finalizing the Statement, the Cabinet Secretary would appreciate contributions and ideas on policy and tax measures from Kenyans for the FY 2020/21 Budget.

Launch of the Report of the Survey on Socio-Economic Impact of COVID-19 on Households

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Nairobi, May 19th, 2020

World Bank approves USD 1B Development Policy Operation for Kenya

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Nairobi, May 20th, 2020

COVID-19 FUND

Nairobi, April 8th, 2020

The National Treasury and Planning Cabinet Secretary Amb. Ukur Yatani received a cheque of Kshs. 2 billion from the Director of Public Prosecutions Noordin Haji. The money from the Prosecution Fund in support of the Covid Emergency Response Fund will compliment the government's efforts in helping the needy.

Public Consultation on the draft Public Finance Management (National Toll Fund) Regulations, 2020 and the Regulatory Impact Statement

Nairobi, 3rd April, 2020

Representations and written memoranda regarding the two documents may be submitted by email to This email address is being protected from spambots. You need JavaScript enabled to view it. and copied to This email address is being protected from spambots. You need JavaScript enabled to view it. and This email address is being protected from spambots. You need JavaScript enabled to view it., addressed to the Principal Secretary, National Treasury. Hand-delivered memoranda and representations should be submitted at the 6th Floor Kenya Reinsurance Plaza on Taifa Road, at the PPP Unit Offices.

In view of the public health threat of COVID-19, and the Presidential Directive on this matter made on 17th March 2020, no public hearing/oral submissions will be held.

All representations and memoranda should be received on or before Friday 24 April 2020 at 5:00p.m.

Please find the relevant documents below:

1. Regulatory Impact Statement on the National Toll Fund Regulations

2. National Toll Fund Regulations - April 2020 Draft

THE CONSULTATIVE MEETING ON FINANCIAL MANAGEMENT FOR STATE CORPORATIONS AND SEMI-AUTONOMOUS GOVERNMENT AGENCIES

Nairobi, 19th February, 2020

The Cabinet Secretary National Treasury and Planning, Amb. Ukur Yatani hosted all Chief Executive officers of government State Corporations and Semi-Autonomous Government Agencies (SAGAs) in a consultative meeting on financial management. In the meeting the CS urged the Chief Officers to be prudent in their budgeting while promising to be available to advise and guide them as required.

Loan Agreement for the Mombasa Special Economic Zone Development Project 1

Nairobi, 27th February, 2020.

The National treasury Cabinet Secretary Amb. Ukur yatani and Chief Representative, Jica Kenya Office Mr. Katsutoshi Komori today signed a Loan Agreement for the Mombasa Special Economic Zone Development Project 1 amounting to Ksh. 36.139 billion.

The credit will attract an Interest Rate of 0.1 %, repayment Period of 28 yearsand Grace Period of 12 Years. It will be applied for development of Special Economic Zone with the aim of boosting the Manufacturing Sector in line with the Government Big Four Agenda as well as creation of new jobs for Kenya citizens.

The project will enhance container handling capacity at the port of Mombasa.

Request for Memorandum for the Development of The Public Procurement and Asset Disposal Policy

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Members of the Public are requested to submit a memorandum on issues of interest for consideration. The memorandum can be forwarded via email to 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.. Hard copy submissions should be sent to

Principal Secretary

National Treasury & Planning

P.O. Box 30007-00100 Nairobi