Public Finance Management Archive

The Commission met with representatives from all the 47 counties and other key stakeholders on 13th December 2023 at Nairobi Safaripark Hotel to deliberate on the County Recurrent Expenditure Budget Ceilings for the 2024-25 financial year. These consultations are instrumental in

The Commission on Revenue Allocation held a consultative meeting with the Parliamentary Budget Office (PBO) on Friday, April 1, 2022 to discuss the Recurrent Expenditure Budget Ceilings for County Governments for the FY 2022/2023. The consultations were held as part of

The Commission made a presentation to the Senate on debt on Thursday 16th September in which it gave suggestions on how to mitigate the risk of debt distress. The Commission made the following observations and recommendations: 1. Kenya’s debt has increased

County Government Treasuries are required to obtain and consider the views of CRA before sending the County Fiscal Strategy Papers to the County Assembly on February 28th each year. However, during this reporting period, CFSPs submissions to the Commission were very

What are County Budget and Economic Forums (CBEFS)? CBEFs are forums established in accordance with the Public Financial Management Act (PFMA) 2012 Section 137. Their main purpose is to provide a means of consultation by the county government on the preparation

Preparation for renewal of the credit rating of Bungoma, Kisumu and Makueni counties is underway. The renewal of the ratings of these counties is due by March 2021. This process is part of the County Creditworthiness Initiative whose main objective is