-

Mbadi's New Strategy to Curb Wastage in Ruto's Government

Bella Opondo February 28, 2025, 7:01 a.m. Business
Mbadi's New Strategy to Curb Wastage in Ruto's Government

Treasury CS John Mbadi identified procurement procedures as one of the main areas where the government was losing money.

The CS also identified budgeted corruption as another avenue for looting public funds.

"There is still waste in the government, and having a procurement management system is one of the most important things we can do right now. Along with budgeting, that is where we lose a lot of resources," Mbadi disclosed.

Mbadi said every funding request must be explained, shifting away from incremental increases from previous allocations.

"This year, we have come up with a zero-based budget; you have to justify every shilling you ask from the government, as opposed to incremental budgeting," he stated.
To stop the waste, he said he government would launch an online platform for procurement, which should be completely functional by the beginning of the 2025/2026 fiscal year.

"By the end of this quarter, we should have e-procurement up and running, and by July 1st, it should be operational across all government departments.

To capture all government commitments and revenue, we have also switched from cash basis accounting to the technical accrual basis. Additionally, we are implementing Treasury Single Accounts to eliminate the need for several accounts," Mbadi expounded.

Related Post

Comments (0)

Your email will not be displayed publicly

No comments yet. Be the first to comment!