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Governor keen to strengthen accounting systems  

Turkana Governor Jeremiah Lomorukai has said the county Government will work closely with the Kenya Public Sector Accounting Standards Board (PSASB) in a bid to promote the adoption of sound financial practices within its systems.

Speaking after meeting the CEO of the Public Sector Accounting Standards Board Fredrick Riaga, Lomorukai said his office will task the County Attorney to draw the formal agreement to formalise the partnership in the coming weeks.

Lomorukai explained that he was keen on actualising his manifesto concerning the creation of robust accounting and auditing services that are fully compliant with the provisions of the Public Finance Management Act and the entire regulatory framework of prudent governance of financial resources.

The County boss added that the proposed partnership was a deliberate strategy by his administration to instill managerial discipline that would promote transparency, and accountability and safeguard clients of the county from corruption.

On his part, Riaga said that the entity was a state resource with a legal mandate to support the public sector including the counties in achieving and sustaining the set standards of financial management.

Riaga assured the Governor of the entity’s extensive experience providing capacity-building services to players in the finance sector on the best practices in respect to finance management.

The meeting comes at a time when the government financial calendar is entering the second quarter of the 2022-2023 financial year where the bulk of the pending bills and budgeted programmes are expected to be processed as a means of sustaining service delivery to the residents of the County.

By Peter Gitonga

 

 

 

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