The National Treasury and Economic Planning has engaged Mombasa stakeholders in a public participation exercise to discuss the draft Public Finance Management (Government Press Fund) Regulations, 2025.
Kenyans were asked to submit their comments, inputs or memoranda on the fund at the official website which would be shared with the National Assembly.
The draft Public Finance Management (Government Press Fund) Regulations, 2025 seek to provide funds to support the sustainability of the commercial and non-commercial activities of the Government Press which include printing, publishing and in particular financing the purchase of raw materials for printing and publishing works by the Government Press.
The Public Finance Management (Government Press Fund) Regulations, 2025 have been posted to the National Treasury website, http://www.treasury.go.ke, for citizens to engage and add their input in a format provided on the website.
Assistant Accountant General CPA Mulwa Kyalo said the Exchequer and Audit (Government Press Fund) was established under the Exchequer and Audit (Government Press Fund) Regulations, 1988.
He added that the fund’s mandate is printing, cataloguing, authenticating and preserving various public documents for the national and county governments.
“The fund, once considered and approved by the National Assembly, will be revised to provide funding to support the financing of purchase of raw materials for printing and publishing works, maintenance, renewal and replacement of plant, machinery and equipment used for printing and publishing works by the Government press,” he said.
The initial capital of the Fund shall be Sh500 million appropriated by the National Assembly in the financial year 2024/25.
Kyalo said the principles of transparency, integrity, and accountability shall apply in the administration of the fund.
The sources of the fund consist of monies appropriated by the National Assembly for the purpose of the fund, income generated from commercial activities of the Government Press, grants, donations and other gifts to the fund, and any money from any other source approved by the Cabinet Secretary.
On the administration and management of the fund, Kyalo noted that there shall be an established board to be known as the Oversight Board for the fund consisting of the Principal Secretary responsible for matters relating to the Government Press as Chairperson of the Board, with other representatives being PS for Finance, Communication, Internal security, Attorney General, a representative of the Council of Governors and three persons (being one-third gender-rule sensitive) appointed by the CS responsible for matters relating to the Government Press.
The administrator of the fund shall be a Government Printer who shall be the secretary of the board.
The fund shall be audited in accordance with the provisions of the Constitution, the Public Finance Management Act and the Public Finance Audit Act.
By Chari Suche
