Connect with us

Hi, what are you looking for?

Capital Business
Capital Business
He has pledged to work with county governors for the success of devolution as outlined in the Constitution/FELIX MAGARA

Kenya

Budget tops priority for Kenya Treasury chief

He has pledged to work with county governors for the success of devolution as outlined in the Constitution/FELIX MAGARA

He has pledged to work with county governors for the success of devolution as outlined in the Constitution/FELIX MAGARA

NAIROBI, Kenya, May 17 – The Cabinet Secretary for the National Treasury Henry Rotich has officially taken over office with a pledge to ensure balanced budgetary allocation.

Speaking to journalist on Friday, Rotich announced that his ministry will also work closely with other government departments to ensure the Jubilee manifesto is fully implemented.

He said he would want to see all the planned projects implemented on time and with no waste of public resources.

“We are now under the new Constitution and the function of the Treasury has been well spelt out. So we will be adjusting ourselves to ensure that we deliver on that new legal framework.

He has pledged to work with county governors for the success of devolution as outlined in the Constitution.

“The Treasury has always been in the forefront to implement devolution and we started this way back through passing various legislations and we have prepared the county governments to start performing their functions,” he assured.

His objective is to see continued engagement between the National Treasury and county officials to ensure money needed is channelled to the respective projects with no disputes.

Rotich has also pledged to work closely with the private sector so that it contributes more to the country’s economic growth.

“I would want to thank his Excellency President Uhuru Kenyatta for believing in me to take this key docket. I would also want to express my gratitude to Parliament which also saw, together with my colleagues, that I fit to serve the Kenyan people.”

“We are seeing growth picking, inflation is at the minimal required level and with these and other more indicators, I would say we are on the right track. My work is to work with all stakeholders and continue with structural reforms in all fronts,” he said.

Advertisement. Scroll to continue reading.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...