Key Figures Behind Kenya’s Public Finance Management Act Revealed

By Yoana Kimwele

Nairobi, Kenya – During a recent appearance before the National Assembly’s vetting committee, National Treasury and Planning Cabinet Secretary nominee John Mbadi highlighted the key individuals behind the development of the Public Finance Management Act, a cornerstone of Kenya’s financial governance.

In his testimony before the committee, chaired by Speaker Hon Moses Wetangula, Mbadi revealed that he was part of a distinguished task force responsible for crafting the Act.

The team included Kitui Governor Dr. Julius Makau Malombe, Central Bank Governor Dr. Kamau Thuge, and former Finance CS Dr. Henry Rotich. The initiative, funded by the World Bank, aimed to establish a robust financial framework for Kenya that has since become integral to the country’s economic management.

Mbadi emphasized his professional credentials, asserting his competence and dedication in both political circles and private practice. He lauded his colleagues, noting Dr. Malombe’s pivotal role in shaping the Public Finance Management Act, which has become a vital tool for all Kenyans.

The vetting committee is currently assessing Mbadi’s qualifications and vision for the National Treasury and Planning portfolio, with a decision expected soon.