Saturday 04th of September 2010
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The Ministry of Finance derives its mandate from the Constitution of Kenya, Cap VII Sections 99-103 which provides for proper budgetary and expenditure management of government financial resources. In addition, Parliament, over the years has enacted 49 Acts to which the Ministry of Finance is a custodian thereby adding more responsibilities to the Ministry.
The functions of the Ministry of Finance are strategic in several ways. As a main function, the Ministry is charged with the responsibility of formulating financial and economic policies. It is also responsible for developing and maintaining sound fiscal and monetary policies that facilitate socio-economic development...
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The overriding policy thrust of this BPS is to consolidate the economic recovery gains made so far and put the economy back onto a firm foundation of high and sustainable growth path. To achieve the envisaged performance, the Government will step-up investment in the key priority social and economic sectors. Equally important is the planned up-scaling of investment in critical physical infrastructure such as roads, rail, power generation as well as power transmission and distribution systems, and port modernization and expansion.
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Sector Reports for the Medium Term Expenditure Framework 2010/11-2012/13
- Tourism, Trade and Industry Sector
- Special Programmes Sector
- Research Innocation and Technology Sector
- Public Administration and International Relations
- Physical Infrastructure Sector
- Human Resource Developement Sector
- Governance, Justice and Order Sector
- Enviroment, Water and Irrigation Sector
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QUARTERLY ECONOMIC AND BUDGETARY REVIEW FOR 3RD QUARTER ......
HIGHLIGHTS OF THE THIRD QUARTER ECONOMIC AND BUDGETARY REVIEW: 2008/2009
1. Recent Economic Developments
Real GDP has grown by 1.7 percent in 2008, down from 7.1 percent in the previous year. The growth was constrained by poor performance in the key sectors such as Agriculture and Forestry, which was impacted negatively by the effects of the post-election violence on farm production, higher fertilizer and oil prices, and failure of the short rains in October- November 2008
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Staff Directory
© 2008 -2010 Republic of Kenya: Ministry of Finance, Treasury Building, Harambe Avenue, P.O Box 30007 00100 NAIROBI Tel: +254-20-2252299
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