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Treasury launches the Kenya Mortgage Refinance Company to deliver affordable housing The National Treasury has today launched the Kenya Mortgage Refinance Company (KMRC KMRC which is basically a liquidity facility has been established with the purpose of addressing the financing challenges and also unlocking liquidity for affordable housing which is part of the government’s Big 4 agenda.Kenya’s budget must focus on efficiency. New zero-based strategy could help Zero-based budgeting (ZBB) is a method of budgeting in which all expenses must be justified and approved for each new period. Developed by Peter Pyhrr in the 1970s, zero-based budgeting starts from a "zero base" at the beginning of every budget period, analyzing needs and costs of every function within an organization and allocating funds accordingly, regardless of how much money has.
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