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.
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
Kenya’s appetite for debt has increased over the years, reaching slightly about Kes 6.33 billion in April 2020 according to the latest Statement of actual revenues and expenditures (Republic of Kenya, 2020). Publicly available data shows that by the end of February 2020, the government had borrowed about Kes 3.04 trillion from the domestic market and about Kes 3.12 trillion externally (CBK,2020).August 12, 2020
The Constitution gives every Kenyan a right to the highest attainable standard of health (including reproductive health).July 16, 2020