Integrating Sound Financial Management in Schools: A Case of IPSAS Implementation

Integrating Sound Financial Management in Schools: A Case of IPSAS Implementation Reforms in financial management systems and processes in public primary and secondary school are becoming critical in response to increasing demands for greater transparency and accountability in the management of how they utilize public finances. Poor budgeting has made it difficult for head teachers…

Reforming Public Debt Governance in Kenya

Reforming Public Debt Governance in Kenya Good public financial management practice prescribes that public borrowing and the level of public debt have to be consistent with the overall fiscal framework to ensure macro-economic stability We had a one on one chat with National Treasury Public Debt Management Office (PDMO) Deputy Director, Livingstone Bumbe, to find…

Cost of Own Source Revenue Study Tour of Kwale County

Cost of Own Source Revenue Study Tour of Kwale County Enhancement of County own source revenue is a critical Public Financial Management reform area under Devolution. Under the Kenyan 2010 Constitution, Decentralization involves the political, administrative and fiscal autonomy of the 47 Counties from the National Government. While many scholars and pundits may debate or…

Public Investment Management

  Public Investment Management 1 file(s) 920.85 KB Download   Over the past two decades, the country has witnessed a rapid increase in the level of domestic and externally funded projects. These capital intensive projects are aimed at supporting the country’s economic activities and improving service delivery. Nonetheless, Questions have abound regarding the quality, effectiveness,…

Professional Development for Supply Chain Professionals: How KISM is making this a reality.

Professional Development for Supply Chain Professionals: How KISM is making this a reality. The Kenya institute of Supplies Management has embarked on developing professional standards of practice for procurement professionals in the public sector. The Standards of practice aims to support and guide Public Procurement professionals on how to conduct themselves as they undertake their…

PFM Reforms: Improving Governance in State Corporations

GIPE on behalf of the Cabinet Secretary National Treasury and Planning exercises oversight and ownership functions in State Corporations and other Government Investments. In performing this role, The National Treasury issues various directives/circulars and receives numerous requests and reports to/from state corporations ranging from strategic plans; proposal for capital projects and other investments; annual budgets;…

Enhancing Budget Transparency

Budget Transparency (BT) is defined as the full disclosure of all relevant fiscal information in a timely and systematic manner. Budget Transparency is a precondition for public participation in budget processes. To achieve this, The National Treasury has embarked on developing an easily accessible Budget Portal, aptly named Bajeti Yetu. The Portal is aimed at…

Strengthening Information Security for PFM ICT Systems

Strengthening Information Security for PFM ICT Systems In the Information Age, technology shapes every aspect of modern life, revolutionizing how institutions, societies, and nations operate. While the benefits are evident, the challenges, especially in terms of security and privacy, are equally pronounced. Public Financial Management (PFM) ICT systems, the foundation of financial governance, face a…

KISM Embarks on Professionalization of Public Procurement Officers in Public Sector

KISM Embarks on Professionalization of Public Procurement Officers in Public Sector The Kenya Institute of Supplies Management (KISM) in collaboration with the National Treasury & Economic Planning and Public Procurement Regulatory Authority (PPRA) commissioned a survey to establish and document the capacity of supply chain practitioners in the public sector. The survey was aimed at…