Treasury PS Chris Kiptoo: Kenya Shifts to Accrual Accounting via IFMIS

Treasury Principal Secretary Chris Kiptoo has recently updated the public on Kenya's significant transition from cash-based to accrual-based accounting, reflecting the government's commitment to enhancing transparency and accountability in public finances. He emphasized the pivotal role of the Integrated Financial Management Information System (IFMIS) in facilitating this transformative reform.In a

Kenya Reports Economic Growth as Inflation Falls and Shilling Strengthens

Treasury Principal Secretary Chris Kiptoo announced that Kenya's economic performance has shown significant progress this year, citing reduced inflation, a stronger national currency (the shilling), and steady foreign currency reserves.He delivered this statement while attending the 2025 End-of-Year Public Service Reflection Dinner and the 2026 Agenda Setting Forum in Kisumu