The Kenyan Treasury has announced the development of a new system to track over $2.48 trillion in funds provided by development partners. The initiative aims to improve transparency and accountability in the use of international aid. The system will allow the government to better assess how these resources contribute to national development priorities.
The new tool is expected to enhance the accuracy of financial reporting and ensure that aid is used efficiently. Officials emphasized that the system will support evidence-based decision-making. It will also help in aligning aid with Kenya’s long-term economic goals.
The Treasury has not yet released details on how the system will be implemented. However, it has stated that the project is part of broader efforts to strengthen public financial management. The move comes as Kenya seeks to improve its fiscal governance and attract more international investment.
