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HomeDaily NewsMonday, September 14, 2026Controller of Budget Flags Treasury's Unpaid CBK Loan - September 2026
Business & Economy3 stories from 2 sources

Controller of Budget Flags Treasury's Unpaid CBK Loan - September 2026

Kenya's foreign exchange reserves have rebounded to $15.25 billion as of September 10, reversing a three-week decline. At the same time, Controller of Budget Margaret Nyakang'o has raised concerns about the National Treasury's failure to repay an overdraft from the Central Bank of Kenya by the close of the last financial year, indicating a potential violation of the law. Additionally, Members of Kenya's Parliament have raised concerns about significant loopholes identified within the Sh340 billion National Infrastructure Fund, issues that could potentially undermine the fund's effectiveness and transparency. Together these stories revealongoing challenges in Kenya's financial management and infrastructure funding.

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CCapital BusinessNNation BusinessFirst

News Coverage

Monday 9:31 PMCapital Business

Kenya’s forex reserves rebound to $15.25bn after 3-week slide

Kenya’s forex reserves rebound to $15.25bn after 3-week slide

Kenya's foreign exchange reserves have rebounded to $15.25 billion as of September 10, reversing a three-week decline.

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Key Highlights

Kenya's foreign exchange reserves have rebounded to $15.25 billion as of September 10, reversing a three-week decline.

  • The reserves now cover 6.3 months of imports, up from 6.1 months the previous week.
  • The Central Bank of Kenya reported the increase.
  • This level remains slightly below the all-time high of $15.4 billion reached in late July.
Sunday 7:26 PMNation BusinessFirst

MPs flag loopholes in Sh340bn National Infrastructure Fund

MPs flag loopholes in Sh340bn National Infrastructure Fund

Members of Kenya's Parliament have raised concerns about significant loopholes identified within the Sh340 billion National Infrastructure Fund. These issues could potentially undermine the fund's effectiveness and transparency.

Read Story

Key Highlights

Members of Kenya's Parliament have raised concerns about significant loopholes identified within the Sh340 billion National Infrastructure Fund. These issues could potentially undermine the fund's effectiveness and transparency.

  • Sh340 billion: The total value of the National Infrastructure Fund being scrutinized.
  • Members of Parliament: The legislators who have flagged the discrepancies.
  • Loopholes: The specific concerns raised, indicating potential risks in fund management and oversight.
Sunday 7:26 PMNation Business

CoB Nyakang'o flags Treasury’s delayed CBK loan repayment

CoB Nyakang'o flags Treasury’s delayed CBK loan repayment

Controller of Budget Margaret Nyakang’o has raised concerns about the National Treasury's failure to repay an overdraft from the Central Bank of Kenya (CBK) by the close of the last financial year, indicating a potential violation of the law.

Read Story

Key Highlights

Controller of Budget Margaret Nyakang’o has raised concerns about the National Treasury's failure to repay an overdraft from the Central Bank of Kenya (CBK) by the close of the last financial year, indicating a potential violation of the law.

  • The National Treasury failed to clear the CBK overdraft by the end of the financial year.
  • The key figures involved are Controller of Budget Margaret Nyakang’o and the National Treasury.
  • This overdraft facility is typically used when government revenue lags behind expenditure needs and is restricted to 5 per cent of audited government revenues, with repayment due within 12 months.
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