Nyeri County Risk Management Policy 2020

Abstract

Recent trends in public sector management have laid emphasis on transparency and accountability. This has resulted in increased focus in governance of public institutions and the incorporation of risk management and financial controls. It is on this basis that County Government of Nyeri has developed this risk management policy. The County Government of Nyeri is committed to managing risks to an acceptable level across all areas of operations so as to achieve its development objectives. The risk commitment extends to third party interaction for example with data producers, users and suppliers, service providers, and contractors. By the year 2030 it is envisaged that Kenya will have a transparent, accountable, ethical and results-oriented government institutions. The public financial management reforms have identified the need for a more effective Corporate Governance. The County Government of Nyeri has a primary responsibility of ensuring that all risks facing the organization are identified and appropriate mitigation measures put in place. This can be done through a risk management framework which enables the county institutions to focus in a comprehensive and holistic manner on all risks faced by the County Government.