@CapitalFMNews

Uhuru signs into law Appropriation Bill to release Sh161bn for expenditure - 1 months ago, 18 June 21:25

Pscu

, NAIROBI, Kenya Jun 18 — President Uhuru Kenyatta has this evening signed into law the Supplementary Appropriation Bill to release funds for Government expenditure for the financial year that is ending June 30.

The law mandates the National Treasury to release Sh161 billion from the Consolidated Fund to various Government departments. The funds are categorised into recurrent expenditure which totals to Sh107.5 billion and development expenditure that totals to Sh53.7 billion respectively.

The Appropriation Act authorises among other things the release of Sh8 billion for settlement of pending Government bills. The allocations for pending bills is aimed at effecting the payments to traders who have provided services to the Government in line with the recent directive by President Kenyatta.

The law the President signed also reflects the continuation of the austerity measures that were entrenched at the beginning of the financial year that is closing.

The austerity measures are reflected in the reduction ...
Read More


Category: topnews

Item ID: ab1ff6db-e6ef-4929-8df8-c189ab3cecb8

kadiNewsItemCategoryList
  1. newsPriority: 0.001
  2. calculatedNewsPriority: 11.701
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.capitalfm.co.ke/
  5. name: topnews
  6. title: Top News

compoundTime
  1. timeLastCalculatedUpdate: Jun 18, 2019 9:25:37 PM
  2. timeCreatedAsFromServer: Jun 18, 2019 9:25:37 PM
  3. timeUpdatedAsFromUser: Jun 18, 2019 9:26:43 PM
  4. timeCreatedAsFromUser: Jun 18, 2019 9:08:41 PM
  5. timeUpdatedAsFromServer: Jun 18, 2019 9:26:43 PM

Suggested

3 hours ago, 00:07
Would you want to live to be 150 years?

How long would you like to live? Is it for 80, 100 or perhaps 150 years? Well, experts now believe it is possible for humans to live 150 years, thanks to advances in medicine and technology. Life ...

Category: topnews news

Item ID: 91648dfa-e17e-4627-bf0a-ec9f014e87ad

kadiNewsItemCategoryList
  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.012
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.012
  3. description: View the latest and breaking News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jul 18, 2019 12:07:39 AM
  2. timeCreatedAsFromServer: Jul 18, 2019 12:07:39 AM
  3. timeUpdatedAsFromUser: Jul 18, 2019 12:09:07 AM
  4. timeCreatedAsFromUser: Jul 18, 2019 12:00:00 AM
  5. timeUpdatedAsFromServer: Jul 18, 2019 12:09:07 AM
3 hours ago, 00:07
Mystery of Sh1.8 billion 'paid to maize traders'

Controversy surrounds the expenditure of Sh1.8 billion withdrawn from the accounts of the Strategic Food Reserve Trust fund at Central Bank. One one side, the Strategic Food Reserve Trust claims the ...

Category: topnews news politics

Item ID: de3ef05b-a67e-4355-8fd8-85171998267e

kadiNewsItemCategoryList
  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.013
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.013
  3. description: View the latest and breaking News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

  1. newsPriority: 0.032
  2. calculatedNewsPriority: 0.032
  3. description: View the latest news in Politics
  4. parsedURL: https://www.standardmedia.co.ke/kenya
  5. name: politics
  6. title: Politics

compoundTime
  1. timeLastCalculatedUpdate: Jul 18, 2019 12:07:40 AM
  2. timeCreatedAsFromServer: Jul 18, 2019 12:07:40 AM
  3. timeUpdatedAsFromUser: Jul 18, 2019 12:09:07 AM
  4. timeCreatedAsFromUser: Jul 18, 2019 12:00:00 AM
  5. timeUpdatedAsFromServer: Jul 18, 2019 12:09:07 AM
3 hours ago, 00:16
Distress as traders unable to export 2.3m tonnes of hides, skins over tax

Raw hides and skins traders yesterday claimed they have been unable to sell over 2.3 million tonnes of hides and skins, citing an 80 per cent export tax they described as punitive. The traders camped ...

Category: topnews news politics

Item ID: d0c9f8db-609b-4c9f-b040-bcb370177df7

kadiNewsItemCategoryList
  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.021
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  3. description: View the latest and breaking News
  4. parsedURL: https://www.standardmedia.co.ke/kenya
  5. name: news
  6. title: News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.011
  3. description: View the latest news in Politics
  4. parsedURL: https://www.standardmedia.co.ke/kenya
  5. name: politics
  6. title: Politics

compoundTime
  1. timeLastCalculatedUpdate: Jul 18, 2019 12:16:59 AM
  2. timeCreatedAsFromServer: Jul 18, 2019 12:16:59 AM
  3. timeUpdatedAsFromUser: Jul 18, 2019 12:18:25 AM
  4. timeCreatedAsFromUser: Jul 18, 2019 12:10:00 AM
  5. timeUpdatedAsFromServer: Jul 18, 2019 12:18:25 AM
3 hours ago, 00:07
Local capital markets key to project financing

The local capital markets could play a critical role in bridging infrastructure financing gaps. Kenya has an estimated Sh400 billion financing gap annually that is needed to put up various ...

Category: topnews news business

Item ID: 1e98c870-e11c-4516-8525-110623f034ff

kadiNewsItemCategoryList
  1. newsPriority: 0.023
  2. calculatedNewsPriority: 0.023
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.023
  2. calculatedNewsPriority: 0.023
  3. description: View the latest and breaking News
  4. parsedURL: https://www.standardmedia.co.ke/
  5. name: news
  6. title: News

  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.013
  3. description: View the latest and breaking Business News
  4. parsedURL: https://www.standardmedia.co.ke/business
  5. name: business
  6. title: Business News

compoundTime
  1. timeLastCalculatedUpdate: Jul 18, 2019 12:07:40 AM
  2. timeCreatedAsFromServer: Jul 18, 2019 12:07:40 AM
  3. timeUpdatedAsFromUser: Jul 18, 2019 12:09:07 AM
  4. timeCreatedAsFromUser: Jul 18, 2019 12:00:00 AM
  5. timeUpdatedAsFromServer: Jul 18, 2019 12:09:07 AM
3 hours ago, 00:03
Pogba central to Man United rebuilding plans, says Solskjaer

Manchester United manager Ole Gunnar Solskjaer is eager to build his team around midfielder Paul Pogba despite media speculation linking the French World Cup winner with a move away from Old Trafford ...

Category: topnews sports

Item ID: de9a0e88-b344-429a-9b96-af09f0148886

kadiNewsItemCategoryList
  1. newsPriority: 0.024
  2. calculatedNewsPriority: 0.024
  3. description: View the latest and breaking Top News
  4. parsedURL: https://www.the-star.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.021
  3. description: View the latest Sports News: Football, Rugby, Basketball, Motorsports and many more
  4. parsedURL: https://www.the-star.co.ke/sports/
  5. name: sports
  6. title: Sports News

compoundTime
  1. timeLastCalculatedUpdate: Jul 18, 2019 12:03:19 AM
  2. timeCreatedAsFromServer: Jul 18, 2019 12:03:19 AM
  3. timeUpdatedAsFromUser: Jul 18, 2019 12:07:35 AM
  4. timeCreatedAsFromUser: Jul 18, 2019 12:00:00 AM
  5. timeUpdatedAsFromServer: Jul 18, 2019 12:07:35 AM
2 hours ago, 01:28
Forge consensus on reforms

The handshake of March 9, last year, between President Kenyatta and ODM leader Raila Odinga has largely been credited with lowering the national political temperature. Indeed, there has been a ...

Category: topnews news

Item ID: 98aa1c02-376e-474a-8f4f-54047001646a

kadiNewsItemCategoryList
  1. newsPriority: 0.025
  2. calculatedNewsPriority: 0.025
  3. description: View the latest and breaking Top News
  4. parsedURL: http://www.nation.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.025
  2. calculatedNewsPriority: 0.025
  3. description: View the latest and breaking News
  4. parsedURL: http://www.nation.co.ke/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jul 18, 2019 1:28:48 AM
  2. timeModifiedAsFromUser: Jul 17, 2019 10:05:47 PM
  3. timeCreatedAsFromServer: Jul 18, 2019 1:28:48 AM
  4. timeUpdatedAsFromUser: Jul 18, 2019 1:30:05 AM
  5. timeCreatedAsFromUser: Jul 17, 2019 9:58:19 PM
  6. timeUpdatedAsFromServer: Jul 18, 2019 1:30:05 AM
  7. timeModifiedAsFromServer: Jul 18, 2019 1:28:01 AM