Public Finance Management Stories
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.
