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

Mbadi Vows to Save NG-CDF as Court Deadline Looms

Treasury Cabinet Secretary John Mbadi has firmly defended the Constituency Development Fund (CDF) against potential abolition.During a media briefing at the Treasury headquarters on Thursday, January 15, 2026, Mbadi, who has served two terms as the elected representative for Suba East, highlighted the fund's benefits based on his firsthand experience.