National Treasury

The National Treasury and Economic Planning is responsible for formulating and implementing national financial and economic policies to ensure sustainable development and effective management of public resources.

What the ministry does
The ministry manages the country’s financial affairs and coordinates economic planning. Its main responsibilities include:

Budget Formulation: Preparing the annual National Budget and coordinating the allocation of funds to all government ministries and state agencies.
Economic Planning: Formulating long-term and short-term economic development plans, including the coordination of the Vision 2030 strategy.
Public Debt Management: Managing the national debt portfolio to ensure fiscal sustainability and borrowing at minimum cost.
Resource Mobilization: Coordinating the collection of national revenue through the Kenya Revenue Authority and managing external financial assistance.
Public Procurement Regulation: Developing and overseeing policies that govern how the government buys goods and services to ensure value for money.
Financial Oversight: Managing the Integrated Financial Management Information System (IFMIS) to track government spending and prevent corruption.
Economic Policy Research: Conducting research on fiscal and monetary trends to advise the government on inflation, interest rates, and growth.

Why the ministry exists
The ministry exists to ensure the stable and transparent management of Kenya's economy. It focuses on:

Macroeconomic Stability: Maintaining a stable environment for investment by managing inflation and currency stability.
Financial Integrity: Ensuring that every shilling of public money is accounted for and used efficiently.
Socio-Economic Development: Planning for the future growth of the nation to reduce poverty and create jobs.
Accountability: Reporting to Parliament and the public on how national resources are distributed and spent.

The ministry is divided into the State Department for the National Treasury and the State Department for Economic Planning.

Constitutional Mandate & Purpose

To formulate and manage sound fiscal and economic policies

Our Vision

A prosperous Kenya

Our Mission

To provide leadership in economic and financial management

State Departments

Select a state department to view its localized directorates, parastatals, and direct public services:

No active sub-departments listed under this administrative unit.