Strengthening Fiscal Discipline for Effective Service Delivery
The National Development Implementation Committee (NDIC) held its second 2025 meeting to review Kenya’s economic outlook, noting improved indicators, including lower inflation, stronger forex reserves, and a stabilised shilling. The Committee discussed public debt trends, ongoing engagements with the IMF and the World Bank, and innovative financing models, such as the Talanta Sports City ABS bond. It also addressed payroll audit inaccuracies and emphasised the fast-tracking and localisation of the Public Participation Bill. NDIC directed ministries to tighten expenditure controls, prioritise ongoing projects, enhance procurement transparency, and accelerate service delivery ahead of the 2027 elections.