The government will extend the Treasury Single Account (TSA) framework to county governments from July, committing to a plan aimed at tightening control of public cash flows and the management of pending bills.
The rollout marks a major shift in how counties handle public money, moving away from fragmented bank accounts spread across commercial banks toward a more centralised cash management structure controlled through the National Treasury and the Central Bank of Kenya (CBK).
Related
NDUNG'U: Single account a game-changer
Budget: Key policy pronouncements by Mbadi - highlights
