Treasury likely to lose budget-making function

The National Treasury building in Nairobi. FILE PHOTO | NMG 

Attempts to set up an Office of Management of Budget (OMB) have been reactivated at the Office of the President with a view to pushing for the execution of the Big Four agenda, an insider has said.

The separation of the budgeting role from that of the financial affairs of individual ministries is also being discussed in the context of the need to achieve the economic growth targets.

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