The Principal Secretary for Public Investments and Assets Management, Mr. Cyrell Wagunda, chaired the monthly Heads of Department meeting to review critical financial, operational, and policy priorities. The engagement underscored the Department’s continued focus on fiscal discipline, accountability, and the accelerated implementation of reform initiatives.

The meeting reviewed the Supplementary Budget for FY 2025/2026, with emphasis placed on prudent resource allocation, expenditure rationalization, and alignment with evolving government priorities to address emerging funding pressures.

An update on the Performance Contract for FY 2025/2026 indicated satisfactory progress across the majority of performance indicators. However, targeted interventions were recommended in select areas to ensure full attainment of agreed deliverables within set timelines.

Consideration of the State Department’s Audit Report highlighted key findings and recommendations requiring immediate action. The Principal Secretary directed enhanced compliance measures, including the strengthening of internal controls and timely resolution of identified gaps in line with public financial management standards.

The meeting further reviewed the Government Assets Validation Policy, which is aimed at improving the accuracy, transparency, and accountability in public asset management. Emphasis was placed on expediting asset verification processes and ensuring comprehensive documentation.

Progress on the implementation of the electronic Government Procurement (e-GP) system was noted, with significant milestones achieved in onboarding procuring entities and improving process efficiency. The Principal Secretary called for expedited full-scale adoption to reinforce transparency, efficiency, and value for money in public procurement.

The Principal Secretary concluded by reiterating the importance of results-oriented performance, integrity in public service, and strengthened interdepartmental coordination in delivering on the Department’s mandate and broader government objectives.