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Kenya’s public finance management solution
Kenya’s public finance management
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
Kenya’s public finance management
Kenya’s public finance management system has undergone significant changes in recent years, with a focus on improving transparency and accountability. The government has implemented a number of reforms
aimed at enhancing the overall efficiency and effectiveness of public spending, while also addressing issues of corruption and mismanagement.
One of the key changes in Kenya’s public finance management has been the introduction of the Public Financial Management Act of 2012. This legislation aimed to improve the overall governance and accountability
of public finances by establishing a framework for budget preparation, execution, and reporting. It also introduced new systems and procedures for procurement, accounting, and auditing, with the goal of reducing the
potential for fraud and abuse.
In addition to the Public Financial Management Act, the government has also introduced other reforms aimed at improving transparency and accountability in public finance management. For example, the Integrated
Financial Management System (IFMS) was introduced to provide a centralized platform for financial management, including budgeting, accounting, and procurement. This system aims to improve the efficiency of
financial management by reducing duplication of effort and increasing transparency.
The government has also introduced a number of measures to improve the transparency and accountability of public procurement. The Public Procurement and Disposal Act of 2005 established a framework for
public procurement and introduced new systems and procedures to ensure that procurement processes are fair, transparent, and competitive. The government has also established a number of institutions and
mechanisms to monitor procurement and ensure compliance with the Act, including the Public Procurement Oversight Authority and the Public Procurement Administrative Review Board.
To improve transparency and accountability in public finance management, the government has also established a number of oversight bodies and mechanisms. For example, the Controller of Budget is responsible
for monitoring the implementation of the budget and ensuring compliance with the Public Financial Management Act. The Auditor General is also responsible for auditing the accounts of the government and ensuring
compliance with financial regulations. Kenya’s public finance management
Despite these efforts, public finance management in Kenya continues to face a number of challenges. Corruption remains a significant problem, with reports of misuse of public funds and abuse of procurement
processes. In addition, the public finance management system remains complex and difficult to navigate, with a lack of clear lines of accountability and weak systems for monitoring and reporting.
In conclusion, Kenya has made progress in improving its public finance management system in recent years, but it still faces significant challenges, particularly in terms of corruption and lack of transparency. The
government will need to continue to implement reforms and oversight mechanisms to address these issues and ensure that public funds are used effectively and efficiently to serve the needs
Kenya’s public finance management
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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