- The National Treasury responded to reports of over Ksh1.3 trillion being withdrawn from the Central Bank of Kenya by the national and county governments in seven months.
- The Principal Secretary clarified that while some withdrawals were processed manually due to the lack of automation until the end of the 2023/2024 financial year, all transactions followed strict legal and financial procedures to ensure compliance with public finance regulations.
- Additionally, a major reform was launched on July 1 to automate the exchequer process in collaboration with the Central Bank of Kenya and the Controller of Budget for efficiency and accountability.
Advertisement
No comments yet
Be the first to share your opinion!
Related Posts
