How public finance reforms improve service delivery

Kenya is feeling the economic and health impact of Covid-19 as it enters the financial year 2020/21. In times like these, as economic activity and revenue collection stall, optimising the impact of public spending has become critical. The best way to achieve the efficient and effective use of public funds is through sound Public Finance Management (PFM). The implementation of the new PFM Reform Strategy 2018-2023 by the Government of Kenya is an essential step towards achieving the Vision 2030 objectives.

The European Union (EU) wants to be a key partner of the Government of Kenya in this area and has offered a Sh3.1 billion (EUR 26 million) grant for a PFM budget support programme.