The strategy for public financial management reforms in Kenya

Since the launch of the Public Financial Management (PFM) Reform Strategy in March 2013, the Government has made significant progress towards achieving the objectives set for the reforms and is on target to achieve full implementation of the remaining activities. It is in this context that the National Treasury undertook a review to assess progress made so far and to identify emerging gaps and challenges in the reforms, and adopt necessary improvements going forward. This revised edition adopts new institutional arrangements that will see the Public Financial Management Sector Working Group (PFM-SWG) occupy the apex of the Programme’s governance structure with regard to coordinating dialogue with key stakeholders on PFM reform policy issues while the PFM Reform Steering Committee oversees implementation of strategic policy issues. The revised strategy includes county PFM reforms and additional reforms in strategic planning and budget formulation, investment programme management, cash management and other budget execution efficiency reforms, and reforms to make Kenya’s PFM systems gender.