National Treasury Principal Secretary Chris Kiptoo affirmed the government's dedication to prudent public fund management on Tuesday. He appeared before the National Assembly's Special Funds Account Committee. The committee, led by North Imenti MP Rahim Dawood, was reviewing Auditor-General reports for multiple statutory funds, including the Provident Fund, covering fiscal years 2017/2018 to 2023/2024. Kiptoo provided updates on compliance and accountability efforts.
The committee emphasized that adhering to statutory rules and rigorous audits is necessary for public confidence. Kiptoo reiterated the Treasury's commitment to enhancing governance frameworks. He stated that all statutory funds, such as the Government Clearing Agency Fund and the Equalization Fund, are subject to continuous monitoring to ensure efficient and transparent use of resources.
The committee emphasized that adhering to statutory rules and rigorous audits is necessary for public confidence. Kiptoo reiterated the Treasury's commitment to enhancing governance frameworks. He stated that all statutory funds, such as the Government Clearing Agency Fund and the Equalization Fund, are subject to continuous monitoring to ensure efficient and transparent use of resources.
