Heed auditor's call for stiff spending controls

Hawkers sell food items aound the Island's Mackinnon market in Mombasa County. [Maarufu Mohamed, Standard]

Effective public finance management could be the missing bullet in the war against graft. Endemic corruption continues to compromise efficiency, slowing socio-economic growth and corroding public trust.

With a festering aftermath, the previous administration estimated that Kenya loses Sh2 billion daily to intricate graft networks - the so-called tenderprenuers and wheeler-dealers.