Consolidated Fund — Kenya's main government treasury account through which public funds flow and from which Article 223 emergency withdrawals are authorized by the Controller of Budget.
News reports
Order a long-term news report on Consolidated Fund
Every mention in the Kenyan press over the period you choose, compiled as a PDF or Word document.
Verbatim sentences from the source article.
The Standard
… "original sin" of Kenya's debt crisis to a 2014 amendment to the Public Finance Management Act.He alleged that the amendment altered constitutional safeguards governing public borrowing by exempting loan proceeds and related transactions from passing through the Consolidated Fund …
How Kenya lost billions: Wanjigi links debt crisis to 2014 law changeThe Standard
… Kenyans deserve to know: where is the development that justifies the trillions borrowed?” he posed.He also revisited allegations he made in April regarding the existence of a sovereign bonds account operating outside the constitutionally established Consolidated Fund, which he cl …
Wanjigi urges rejection of Finance Bill 2026, terms budget a 'debt trap'Capital News
… The expenditure was incurred under Article 223 of the Constitution, which allows the national government to withdraw funds from the Consolidated Fund for urgent and unforeseen needs before obtaining parliamentary approval. …
Article 223 spending jumps sixfold to Sh277bn as CoB warns over budget disciplineCitizen Digital
… mbnails-m', container: 'taboola-mid-article-thumbnails', placement: 'Mid Article Thumbnails', target_type: 'mix' }); Wanjigi also raised concerns over inconsistencies in National Treasury reporting, questioning claims that Ksh.150 billion may be held outside the Consolidated Fund …
Wanjigi rallies Homa Bay behind economic justice, demands gov't accountabilityThe Standard
Safina Party leader Jimi Wanjigi has claimed that Sh150.7 billion has been held in a secret account instead of being deposited into the Consolidated Fund. …
Wanjigi claims Sh150b hidden in secret Treasury accountThe Standard
… ty Presidential aspirant Jimi Wanjigu addressing the media at Kwacha House in Westlands on April 30, 2026. [AFP] Businessman Jimi Wanjigi has demanded a freeze on a Sh150.7 billion sovereign bond account, which he says the National Treasury is hiding outside the Consolidated Fund …
Wanjigi calls for freeze of Treasury's Sh150bn 'shadow account'Margaret Nyakang'o, a career accountant and CPA, was appointed Controller of Budget in December 2019 by President Uhuru Kenyatta, becoming the second person to hold the constitutional office. By law, no public funds can be released without her approval.
1 October 2026 · Citizen Digital →
Margaret Nyakang'o, a career accountant and CPA, was appointed Controller of Budget in December 2019 by President Uhuru Kenyatta, becoming the second person to hold the constitutional office. By law, no public funds can be released without her approval.
1 October 2026 · Citizen Digital →
An opinion piece argues that the National Treasury has converted Article 223 of the Constitution—originally intended as a narrow escape valve for urgent crises—into a regular off-budget financing pipeline for highly predictable spending, which Parliament then regularises retroactively after commitments are complete.
22 September 2026 · The Standard →
The Controller of Budget Margaret Nyakang'o has stated that her office has no visibility over billions of shillings collected through the National Infrastructure Fund and Sovereign Wealth Fund, as these operate outside the Consolidated Fund and cannot be tracked by the Office of the Controller of Budget.
21 September 2026 · The Standard →
The Controller of Budget Margaret Nyakang'o said her office has no visibility over billions collected through key government funds including the National Infrastructure Fund and Sovereign Wealth Fund, as these standalone funds operate outside the Consolidated Fund and her office cannot track how the money is spent.
21 September 2026 · The Standard →
The Controller of Budget Margaret Nyakang'o has revealed that her office lacks visibility on how billions collected through government funds and levies are being spent, raising questions about accountability for public funds held outside the National Exchequer.
18 September 2026 · Citizen Digital →
The Controller of Budget has raised concerns over the National Treasury's misuse of Article 223 of the Constitution to access billions from the Consolidated Fund for routine, day-to-day office operations, contrary to law, according to her National Government Budget Implementation Review Report for the 2025/26 financial year.
14 September 2026 · The Standard →
Controller of Budget Margaret Nyakango has raised concerns that the National Treasury is misusing Article 223 of the Constitution to authorise expenditure from the Consolidated Fund for routine, day-to-day office operations contrary to law, according to her National Government Budget Implementation Review Report for the 2025/26 financial year.
14 September 2026 · The Standard →
A constitutional petition filed at the High Court seeks to suspend the Social Health Authority's two percent Health Information Management System utilization fee deducted from healthcare providers' claims, with petitioners arguing the levy lacks legal basis and amounts to double taxation.
4 August 2026 · Capital News →
A High Court petition filed by a surgeon, senator, and another individual seeks to suspend a 2 per cent Health Information Management System utilization fee deducted from healthcare provider claims submitted through the Social Health Authority, arguing the fee is unconstitutional, illegal, and amounts to double taxation.
4 August 2026 · Citizen Digital →
The National Assembly Finance Committee said it will require East African Development Bank directors and National Treasury Cabinet Secretary John Mbadi to appear before it to explain the bank's operations and required disbursements. The committee Chairman Kuria Kimani said the Committee must ensure the proposed amendment bill does not breach the Constitution and that EADB, if undertaking banking transactions, should be subject to Central Bank of Kenya supervision.
29 July 2026 · The Standard →
Safina Party leader Jimi Wanjigi has claimed Kenya's growing debt burden includes billions borrowed illegally outside the constitutional framework, and that cancelling such debts could save Sh2.8 trillion. According to Treasury figures, Kenya's public debt has risen to approximately Sh12.8 trillion, with a debt-to-GDP ratio of about 69.5%.
20 June 2026 · The Standard →
Safina Party leader Jimi Wanjigi has urged Kenyans to reject the Finance Bill 2026, criticizing the government's proposed budget as a "debt budget" that prioritizes debt servicing over public welfare and seeks to raise an additional Sh120 billion in taxes. Wanjigi argued that the solution to Kenya's economic challenges is not more taxes, as Kenyans are already overtaxed, and renewed claims that Kenya has accumulated illegal and odious debt.
15 June 2026 · The Standard →
Government spending outside approved budget provisions reached Sh276.99 billion in the first nine months of the 2025/26 financial year, nearly sixfold higher than the Sh48.88 billion in the same period of 2024/25. The Controller of Budget warned that excessive reliance on Article 223—which allows emergency withdrawals from the Consolidated Fund before parliamentary approval—threatens budget credibility and fiscal discipline.
10 June 2026 · Capital News →
Safina Party leader Jimi Wanjigi criticized the government's economic management during the opening of the party's Homa Bay office, accusing it of deception and failing to deliver on promises of economic growth. He also raised concerns over inconsistencies in National Treasury reporting, questioning claims about billions held outside the Consolidated Fund.
1 May 2026 · Citizen Digital →
Safina Party leader Jimi Wanjigi has claimed that Sh150.7 billion has been held in a secret account instead of being deposited into the Consolidated Fund, stating that a national budget outturn should serve as the sovereign equivalent of a personal bank statement.
1 May 2026 · The Standard →
Businessman Jimi Wanjigi has called for a freeze on a Sh150.7 billion sovereign bond account that he alleges the National Treasury is hiding outside the Consolidated Fund. He claims that 84 out of 88 recurrent exchequer line items published in a Kenya Gazette notice contained errors, and argues the discrepancies point to systemic failures in public finance management rather than clerical mistakes.
30 April 2026 · The Standard →