Kenya: National Treasury to Launch New External Debt Payment System in February

The National Treasury is set to launch a new external debt payment platform next month in a bid to modernise the country’s public financial management systems.

In a statement issued on Tuesday, January 27, Treasury Principal Secretary Chris Kiptoo said the system is scheduled to be launched on Monday, February 2, and will operate within the Treasury Single Account framework.

Kiptoo is positive that the new system will be vital in enhancing the efficiency, transparency, accountability, and…