Public Financial Management (PFM) is the system by which financial resources are planned, directed and controlled to enable and influence the efficient and effective delivery of public service goals.
Our focus in 2020, will be to continue strengthening our capacity and producing PFM evidence for use by stakeholders. Our ambition will continue being to drive a high-performance organisation culture, putting evidence at the heart of IPFK and remaining true to our values and our purpose. This will further be espoused by our strategic planOctober 26, 2020
The revenue out-turn of Kshs.35.77 billion generated by the county governments was 65.2 per cent of the
annual target of Kshs.54.9 billion, a decrease compared to Kshs.40.30 billion generated in FY 2018/19,
which was 74.8 per cent of the annual target.October 22, 2020
The analysis revealed that the growth observed in Kenya’s expenditure has majorly been fuelled by the high public debt spending. This has been at the expense of pro-poor sectorial spending such as spending in the health, social protection, water and sanitation and the education sectors.August 27, 2020
The impact of Covid-19 is projected to worsen revenue collection beyond FY 2020/21 dampening hopes for more revenue in the next FY.August 12, 2020