Kenya’s principal secretary for National Treasury calls for strengthening of Africa’s public financial management
In a speech read on his behalf by Michael Kahiti, Director of Planning and Head of the Africa Division of National Treasury, during the opening of the 2025 Africa Public Expenditure and Financial Accountability (PEFA) Public Financial Management (PFM) Flagship Training Programme organised by the African Development Bank in Nairobi, Dr Kiptoo said these persistent shocks have constrained the fiscal space, depressed the international financial flows and increased the cost of borrowing.
