Budget

The Controller of Budget provides quarterly and annual budget implementation review reports by the county governments. This article presents the data on the annual Own Source…

There are different types of funds managed by county governments. The types of funds managed by county governments are the County Revenue Fund, County Emergency Fund and the Ward…

Public debt refers to the money the government owes to lenders. It consists of internal or domestic debt and external debt. The lenders include individuals, businesses, financial…

The budget process in Kenya is important for government planning and decision-making. The budget-making process in Kenya begins from August of the current financial year. The…

The objective of the Judiciary Fund in Kenya is to finance the administrative expenses of the Judiciary and for other purposes necessary for the Judiciary to discharge its…

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…

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…

The major difference between Treasury Bills and Treasury Bonds in Kenya is the length of maturity. Treasury Bills (T-Bills) are a secure, short-term investment of one year or less…

The budgeting 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…

The County Fiscal Strategy Paper in Kenya 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.