Sauti Ya Bajeti - PFM Truth
Sauti Ya Bajeti - PFM Truth
May 30, 2025 at 12:41 PM
*Enhancement of Public Finance Management* The National Treasury will implement strategic reforms under the Treasury Single Account (TSA) to tighten fiscal controls, boost transparency, and improve service delivery. Among the key changes: Invoice Twinning to link supplier invoices directly to exchequer releases, minimizing unauthorized payments; A Just-In-Time disbursement model to align payments with verified needs; Improved oversight of government overdraft facilities to lower borrowing costs; Enhanced cash visibility for State-Owned Enterprises; and Full automation of public debt settlements, both domestic and external. PS Dr. Chris Kiptoo announced the reforms alongside senior officials from CBK Kenya, KRACare, OAG_Kenya & the Controller of Budget. Source: https://x.com/KeTreasury/status/1928412011299246146?t=J5DOx9UJLTCOrgN0YsjrsA&s=08
Image from Sauti Ya Bajeti - PFM Truth: *Enhancement of Public Finance Management*  The National Treasury will...
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