[kictanet] On Technology and effective use of Govt Finances
Agosta Liko
agostal at gmail.com
Sat Dec 24 22:25:13 EAT 2011
Instead of Mugo et al replying emails...
Why don't we do this live, get a room, give him a lecturn then we fire
away…mM…mMmMmmM…M
On 12/14/11, Matunda Nyanchama <mnyanchama at aganoconsulting.com> wrote:
> Mugo Kibati
>
> Welcome to the forum.
>
> I want to make one point on ICT and government financial management. And I
> make this from our informal assessment of how well CDF funds are utilized;
> my suspicion is that the same practices are pervasive through government. My
> view is that if we effectively reduced leakage (say to 10%) we can
> substantially improve delivery.
>
>
> Our estimate (see this article I wrote for one paper) is that, in some
> places, as much as 70% of CDF money could be leaking, through kickbacks,
> price inflation, etc. And that by the time audits come around, it is rather
> late; and, as we all know in Kenya, you can use the same money you stole to
> subvert justice.
>
> ICT can be used for real-time financial management, monitoring approvals,
> spending and allowing citizens to raise (even anonymously) concerns with
> spending and corruption. The system would also generate real-time management
> reports, track trends, determine the ossification of the spending and
> established priorities; and thus, perhaps, fend off inappropriate,
> unapproved spending. Indeed, from such information one can even detect fraud
> patterns and work towards establishing controls to forestall undue losses.
>
> Baadaye, time permitting, on the subject of technology and education.
>
>
> ----------------------------------------------------------------------------------------------
> Matunda Nyanchama, PhD, CISSP; mnyanchama at aganoconsulting.com
> Agano Consulting Inc.; www.aganoconsulting.com; Twitter: nmatunda; Skype:
> okiambe
> ----------------------------------------------------------------------------------------------
> Be prepared to face ICT Security failures & know how to respond when they
> happen!
> Call: +1-888-587-1150 or info at aganoconsulting.com
> ----------------------------------------------------------------------------------------------
>
> "A bus station is where a bus stops. A train station is where a train stops.
> On my desk I have a workstation…" - Anonymous
> -----------------------------------------------------------------------------------------------
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--
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