Division of Revenue and Allocation of Revenue in Kenya
How do you distinguish between the division of revenue and allocation of revenue in Kenya? The division of revenue and allocation of revenue are terms you will find in public…
Budget
Role of Parliament in Public Finance Management 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…
Public Funds Established by the Constitution of 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…
The Purpose of the County Emergency Fund in 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…
The Purpose of the Contingencies 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…
The Types of Government Budgets in Kenya
The three types of government budgets in Kenya are the deficit budget, surplus budget and balanced budget. A government budget is said to be a deficit budget when the proposed…
The Purpose of the Consolidated Fund in Kenya
Article 206 of the Constitution establishes the Consolidated Fund in Kenya. This fund acts as the main bank account for the national government. The Public Finance Management (PFM…
The Purpose of the Equalisation Fund in Kenya
Article 204 of the Constitution establishes the Equalisation Fund in Kenya which should be paid one-half per cent (0.5%) of all the revenue collected by the national government…
The County Integrated Development Plan (CIDP) in Kenya
The County Integrated Development Plan (CIDP) in Kenya is one of the major types of county plans in Kenya. It is a five-year plan that counties prepare to guide their development…
What is a County Annual Development Plan (ADP) in Kenya?
Section 126 of the Public Finance Management Act provides for the County Annual Development Plan (ADP). An Act of Parliament is a form of legislation passed by both houses of…
The Functions of the County Treasury in Kenya
The role of the County Treasury in Kenya is important in the management of county government finances. The County Treasury is one of the departments of the county government and…
Sources of Revenue for County Governments in Kenya
The sources of revenue for county governments in Kenya are diverse. The county governments require revenue to implement their functions.The sources of revenue for county…
The Budget Process for County Governments in Kenya
The budget process for County Governments in Kenya is a continuous process. It begins on 30th August of the current year. The process should end on 30th