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The Intergovernmental Budget and Economic Council (IBEC) in Kenya

Intergovernmental Budget and Economic Council (IBEC) Kenya

The Intergovernmental Budget and Economic Council (IBEC) is established under Section 187 of the Public Finance Management Act (2012). The council is comprised of: the Deputy President who shall be the Chairperson; the Cabinet Cabinet … Continue ReadingIntergovernmental Budget and Economic Council (IBEC) Kenya

The Purpose of the County Revenue Fund in Kenya

The Purpose of the County Revenue Fund in Kenya

The County Revenue Fund in Kenya (or revenue fund for county governments in Kenya) exists under Article 207 of the Kenyan Constitution. This article is under Chapter 12 of the Constitution on Public Finance. Section … Continue ReadingThe Purpose of the County Revenue Fund in Kenya

The Role of the Public Debt Management Office in Kenya

The Role of the Public Debt Management Office in Kenya

Section 62 of the Public Finance Management Act (2012) establishes the Public Debt Management Office in Kenya. It is housed within the National Treasury. The Public Service Commission should recruit the Head of the Public Debt … Continue ReadingThe Role of the Public Debt Management Office in Kenya

The Role of the Controller of Budget in Kenya

The Role of the Controller of Budget in Kenya

The role of the Controller of Budget in Kenya is crucial in public finances. The Office of the Controller of Budget is one of the mechanisms that enhance accountability in the expenditure of public resources. … Continue ReadingThe Role of the Controller of Budget in Kenya

The Role and Functions of The National Treasury in Kenya

The Role and Functions of The National Treasury in Kenya

The National Treasury in Kenya is one of the departments of the government of Kenya. In summary, The National Treasury manages national economic policy, prepares the government’s annual budget, and manages the national government’s public … Continue ReadingThe Role and Functions of The National Treasury in Kenya

Are Kenyan County Governments Always on a Looting Spree?

Are Kenyan County Governments Always on a Looting Spree?

The media usually carries stories about looting, theft or misappropriation of county funds. The stories occasion the release of the reports by the Controller of Budget and the Auditor General. The Controller of Budget releases … Continue ReadingAre Kenyan County Governments Always on a Looting Spree?

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