NAIROBI, Kenya – Kenya is set to achieve a major milestone in modernising its public financial management systems with the full automation of external debt payments, Treasury Principal Secretary Chris Kiptoo has announced.
Speaking on the progress of the project, PS Kiptoo said the automated platform is ready for deployment under the Treasury Single Account (TSA) framework, marking a significant step away from manual, paper-based processes.
“This reform will significantly enhance efficiency, transparency, accountability, and governance in the management of Kenya’s external debt obligations,” Kiptoo stated.
The system integrates the Meridian Debt Management System with the Central Bank of Kenya exchange rates system, the Integrated Financial Management Information System (IFMIS), Exchequer requisition, and the Office of the Controller of Budget approval process.
Automation of external debt payment marks a major milestone in the modernisation of Kenya’s public financial management systems.We are fully automating the external debt payment platform, which is now ready for deployment under the Treasury Single Account framework. This reform
This enables seamless generation, approval, and execution of debt payment instructions, reducing risks associated with manual handling.
PS Kiptoo was briefed by the project team on the implementation progress, noting that the platform is scheduled to go live on 2nd February 2026.
A one-month parallel run will be conducted to ensure a smooth, controlled, and risk-mitigated transition.
The automation is expected to streamline Kenya’s external debt management, improve reporting accuracy, and strengthen confidence among stakeholders, including international creditors.
