Ifmis set for major overhaul in shift to new accounting system

The National Treasury building in Nairobi on April 16, 2025.

Photo credit: Dennis Onsongo | Nation Media Group

The Treasury is set to redesign its Integrated Financial Management System (Ifmis) as it steps up measures for a shift to a new accounting system for public payments and expenditures.

In a latest development, the Treasury is recruiting a service firm to redesign the current Ifmis to accommodate new processes and more users.

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Note: The results are not exact but very close to the actual.