Public Finance Management Stories
The audit highlights how many holders of small amounts are deterred from claiming their funds because they face mandatory expenses such as travel, not...
Data from the 47 counties indicates that 46.8 percent of their total budgets, equivalent to Sh470.74 billion, went toward personnel expenses.
Only eight counties complied with the legal limit: Kilifi (24 per cent), Siaya (26 per cent), Tana River (27 per cent), Nakuru (30 per cent), Kwale (3...
The National Treasury, together with oversight institutions, will be required to conduct regular capacity-building sessions on handling project accoun...
The figures point to an imbalance in county spending, with Sh346.98 billion, or 74 per cent of the overall Sh470.74 billion used for recurrent expendi...
The report reveals that the health sector took the largest share of wages, absorbing 44 per cent of the total employee costs, nearly Sh97 billion.
Key initiatives in energy, transport, and health were among those flagged for weak documentation, raising concerns about potential mismanagement and e...
Ruto assented to the County Allocation of Revenue Bill, 2025, and the County Public Finance Laws (Amendment) Bill, 2023, on Wednesday at the Homa Bay...
Gathungu is advocating for amendments to the Public Finance Management (PFM) Act to introduce penalties, arguing that such measures would promote fisc...
MPs warned that the Authority’s under-expenditure had undermined its ability to provide effective services.
Auditor General Nancy Gathungu said the system has led to the loss of public funds through irregular transactions and the expenditure of over Sh10.2 b...
KURA stated that the directive is in line with a presidential order and supports ongoing public finance management reforms aimed at digitising and str...
Okoa Uchumi says several proposals in the Finance Bill 2025 place an unfair burden on ordinary citizens while protecting elite interests, risking grea...
Gathungu expressed concern over the government’s repeated failure to fully utilise development funds, warning that the trend poses a threat to the del...
Teferra reaffirmed the IMF's commitment to deploy the Extended Fund Facility, Extended Credit Facility and Rapid Credit Facility programmes to support...
The revelation underscores the cash flow pressures the government faced leading up to the 2024 tax proposals that triggered countrywide protests.
Nyakang’o said her office is scrutinising the accounts to determine when they were opened, who manages them, and their intended purpose.
The bill, which amends the Public Finance Management Act, 2025, requires state agencies to open project-specific bank accounts for funds allocated to...
The amendment, introduced by Uasin Gishu Woman Representative Gladys Boss Shollei, seeks to modify Section 25(7) of the PFM Act.
The capacity-building initiative seeks to address the persistent challenges by developing the leadership and governance capacities of top state offici...
The report, presented on October 1, reveals that the loans were sourced from both multilateral and bilateral lenders.
