JUST IN: Govt to Enhance Financial Transparency with TSA Rollout for All Counties
Beginning July of this year, the government will bring all 47 counties under the Treasury Single Account (TSA) system to improve public funds management. The TSA is a unified structure that consolidates government bank accounts, optimizing the use of public cash resources. This initiative aims to streamline government finances and ensure transparency and efficiency in public spending. In January, the Cabinet approved the implementation of TSA, targeting the billions of shillings in deposits held by the national government and other public sector entities. The National Treasury plans to roll out the TSA in phases, with the first phase, launched last
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