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Ruto forms committee to verify and pay outstanding supplier invoices

Judd Mutua by Judd Mutua
November 8, 2023
in News
Reading Time: 1 min read

President William Ruto has announced that paying pending public sector pending bills will take precedence in the forthcoming government budget.

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“We must restore confidence in the people who do business with the government by paying them on time,” stated The President in his recent address at the State House

He also emphasized that the government’s role is not to drive enterprises into financial ruin but rather to facilitate their performance and growth

At the address he also presided over the inauguration of the Pending Bills Verification Committee. Chaired by the former Auditor-General, Edward Ouko.

This committee has been tasked with streamlining the process of settling these outstanding bills and ensuring transparency in the disbursement of government funds.

President Ruto concluded by highlighting the importance of paying suppliers on time, asserting that it would bring discipline to the country’s fiscal management.

Read more: Nairobi’s economic boom drives urban migration but leaves many in poverty

If fulfilled this approach is expected to provide much-needed relief to suppliers, particularly small and medium-sized enterprises, who are currently owed over KES 600 billion by the government.

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Judd Mutua

Judd Mutua

Judd Mutua is a journalist with wide ranging interests ranging from the world of finance to the latest in tech and business news. Off duty you can find him reading his favorite books and manga. Send tips via jmutua@thesharpdaily.com

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