Office that monitors government fund management and county finances, but lacks visibility over standalone funds like the National Infrastructure and Sovereign Wealth Funds.
Verbatim sentences from the source article.
The Standard
… The agreements were introduced following a January 2025 directive by the Office of the Controller of Budget (CoB) requiring counties to formalise education support programmes through structured intergovernmental frameworks. …
MPs question legality of county bursariesThe Standard
… Wanjigi demanded that Treasury Cabinet Secretary John Mbadi disclose the bank holding the funds, publish certified bank statements for the account and account for any interest earned from the money.He also called on the Office of the Controller of Budget and the Office of the Aud …
Wanjigi calls for freeze of Treasury's Sh150bn 'shadow account'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 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 Office of the Controller of Budget has called on counties to tighten revenue collection systems and integrate them with accounting systems to minimise the risk of funds being lost, as it begins a 10-day monitoring and evaluation exercise in Kisumu County.
21 September 2026 · The Standard →
Kilifi County suppliers and contractors told the Senate that mounting unpaid bills totaling Sh10.7 billion—the second highest among Kenyan counties—have pushed some businesses to collapse, with some debts remaining unpaid for a decade. The county's revenue-to-debt ratio stands at about 70 per cent of its total revenue of Sh14.3 billion in the 2024/25 financial year.
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 Office of the Controller of Budget has called on counties to integrate their revenue collection systems with accounting systems to strengthen controls and minimize fund losses. The call comes as the office began a 10-day monitoring and evaluation exercise in Kisumu County.
21 September 2026 · The Standard →
President William Ruto said closer partnership between national and county governments has enabled progress in healthcare, agriculture, industrial development and digital systems, and brought decision-making closer to people while strengthening local accountability.
8 September 2026 · Citizen Digital →
The National Assembly's Public Debt and Privatisation Committee questioned billions of shillings paid in commitment fees on loans Kenya has not fully utilised. The Controller of Budget reported that the Exchequer paid KSh20.066 billion in such fees between 2015/16 and 2025/26, attributing the charges to delays in project implementation and poor coordination between loan financing timelines and government readiness.
19 August 2026 · Capital News →
The Controller of Budget says many counties requisition funds for specific purposes, obtain approval, receive the money, and then divert it to different expenditures—a practice driving pending bills to Ksh.235.6 billion and trapping money that should stimulate the economy.
30 July 2026 · Citizen Digital →
Njuguna Ndung'u, former National Treasury Cabinet Secretary, has accused President William Ruto of overrunning state institutions, saying fear of lifelong repercussions forces officials to conform. Ndung'u said he refused to engage in deals during his tenure despite pressure, warning that consequences of compromising public office can last a lifetime.
30 July 2026 · The Standard →
State House Kenya spent more than Ksh.4.4 billion outside the approved budget in the first nine months of the 2025/2026 financial year, including Ksh.2.5 billion in a six-week period between January and February, according to the Controller of Budget. The government overall spent more than Ksh.200 billion in unplanned expenditure during the same period, with much going towards debt repayment.
10 June 2026 · Citizen Digital →
The National Assembly Departmental Committee on Regional Development has raised concerns over the legality, funding mechanisms, and constitutional basis of county bursaries after 34 county governments signed Intergovernmental Partnership Agreements with the Ministry of Education to support bursary and scholarship programmes.
9 June 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 →