Treasury updates IFMIS to keep tabs on spending

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The National Treasury building in Nairobi in this picture taken on March 15, 2023. PHOTO | DENNIS ONSONGO | NMG

The Treasury has introduced a costing tool on the Integrated Financial Management Information System (IFMIS) in changes meant to place a tight lead on expenditure by ministries, departments and agencies (MDAs) in the financial year 2024/25.

IFMIS, an Oracle-based enterprise resource planning system, is used at both the national and county levels of government to enhance accountability and transparency in spending.

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Note: The results are not exact but very close to the actual.