The World Bank has commended Kenya on the progress made in automating the management of public funds.
The World Bank’s team in charge of Kenya Transparency and Communications Infrastructure Project (KTCIP) hailed Kenya for recording achievements in implementation of the Integrated Financial Management System (IFMIS) at both the National and County Government levels.
IFMIS, which is being implemented by the National Treasury, is among the key KTCIP projects funded by the World Bank.
“We have seen that the system works and we are happy with the effort that the National Treasury has put into the implementation process,” said Ms Arleen Seed. “Kenya is a leader in ICT and we would like to replicate what the country has done in terms of IFMIS and e-procurement in other African countries.”
KTCIP said the World Bank Group is committed to providing the necessary assistance to ensure completion of the implementation of IFMIS in the country.
The team comprising of experts in ICT, budget and e-procurement reviewed the different aspects of the IFMIS system and were satisfied with the progress the country has made in automation of procurement processes.
“We are impressed with the substantial reduction of physical cash transactions, because of e-procurement. We are happy that Kenyans have embraced automated transactions,” stated Gurcharan Singh of World Bank.
The team visited Nairobi and Nyeri counties as part of its review process, which included a session with Finance County Executives and users in the counties’ experience with the IFMIS system.
It also involved practical session that looked at the budget system uptake as well as running of reports in the system and e-procurement.
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