Financial professionals advocate for the government to reconsider allocating billions of shillings to ministries and counties that lack the capacity to effectively utilize these funds. This practice leads to wasteful supplementary budgets, hampers development projects, and diminishes value for taxpayers, experts emphasize.During a post-budget public finance discussion hosted by the
Tag: Controller of Budget Kenya
Kenya Faces Budget Scrutiny as Counties Receive Ksh428 Billion
Kenya faces increasing fiscal pressure, prompting us to explore how effectively public resources are being managed. Recent findings from the Office of the Auditor-General and the Office of the Controller of Budget highlight a concerning trend of wasteful spending, weak oversight, and poor budget execution, all of which undermine essential